GREY:ESOFD - Post by User
Post by
Uran216on Feb 18, 2013 10:07am
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Post# 21005324
Dreaming
Dreaming Great to see this company doing well. Since getting to know the management over the past two years my confidence has grown a lot in what could happen.
Since this is a slack investment day I thought I would ponder what could happen with AMW if they hit it big - lets say 60 million pounds big (after all - the other strikes in the Athabasca Basin started as dreams).
60 million pounds x $43 (today's current uranium price) = $2.580 billion divide by 2 (50% ownership) = $1.290 billion divide by 30 million shares (today's total AMW share amount plus padding) = $43 a share price.
Doesn't include other properties and other mineral extracted minerals or if uranium price rises.
How does this sound?