I understand that Paladin (PDN) are currently producing about 1.2m lb/yr and expect to increase to 2.6m lb/yr this year then to 3.7m lb/yr next. PDN's market cap is significantly more than AGS yet the production rates are similar.
Uranium One's Honeymoon project is expected to be producing at the end of this year with a ramp-up to 880,000 pounds/yr.
AGS's target rates look good in comparison. Don't understand why it's so undervalued.
