I bought a small holding (12500) at 0.20 cps and I'm obviously very pleased with the SP rise.
Today I've had the time to read most of the posts over the last 6-8 weeks. The overall consensus by many who post on this thread is that AGS has huge upside taking into consideration the fundamentals based on the potential resources available.
A few questions.
218,000,000 shares on issue
0.36 share price
Market cap $78,480,000
Ags is a 25% partner with Heath
By my logic with the current sp at 0.36 this values up the total resource at already $313,920,000 (4 x AGS's market cap).
I think I'm right with my calculations. Where does AGS's share of the resource potential fit with this figure ? Could anyone with more knowledge than me give some advice/insight. Cheers
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