Australian (ASX) Stock Market Forum

EXT - Excite Technology Services

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mmmmining said:
Chris, you are surely smart this post. Obviously you are not a ramper by all means.

That is right, if believe the uranium story, buy a basket of them. If you buy the NT mining story, buy a bunch of NT explorers. What is wrong?

I don't want to start a fight, I just want to point it out this is no point to argue with fine details while the stocks are speculatative.
Click to expand...

We trade differently thats all. I think its possible to determine which ones in which area may fire up more so than others. For example I went into BMN early because of their historic resource. I didn't spread it around buying WME, EXT, DYL just because they were all in Namibia. Ive now got a large holding in ERN because of the small amount of shares on issue/ small market cap and attractive licenses they currently hold.

I think Extract will definately become more attractive once the consolidation happens and I'll be looking to re-enter then. There is no doubt they will have something..its just a question of how much. I think the perfect three to hold would be BMN/ERN and EXT. Thats just my opinion. Another example of another uranium explorer In namibia that I'm not to fond of atm is DYL. Yes they report their historic resources etc but its all widespread and isn't in one particular area...hence not viable for a mine. Thats why I wouldnt buy every single explorer in Namibia.
 
chris1983 said:
We trade differently thats all. I think its possible to determine which ones in which area may fire up more so than others. For example I went into BMN early because of their historic resource. I didn't spread it around buying WME, EXT, DYL just because they were all in Namibia. Ive now got a large holding in ERN because of the small amount of shares on issue/ small market cap and attractive licenses they currently hold.

I think Extract will definately become more attractive once the consolidation happens and I'll be looking to re-enter then. There is no doubt they will have something..its just a question of how much. I think the perfect three to hold would be BMN/ERN and EXT. Thats just my opinion. Another example of another uranium explorer In namibia that I'm not to fond of atm is DYL. Yes they report their historic resources etc but its all widespread and isn't in one particular area...hence not viable for a mine. Thats why I wouldnt buy every single explorer in Namibia.
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Can someone please explain to me why the consolidation will make ext more attractive. The fact of the matter is that their market cap will remain the same. Am i missing somthing here?
 
the barry said:
Can someone please explain to me why the consolidation will make ext more attractive. The fact of the matter is that their market cap will remain the same. Am i missing somthing here?
Click to expand...

You wont have all the traders in them. You wont have traders just selling for a 1 cent profit because they hold 1 million shares and continually holding the price down. When they raise money after the consolidation which will definately be needed they will only need to release less shares to raise more funds. So if I get in after the consolidation and they raise funds its not going to dilute my share holding too much due to my entry point into the stock. They will have 100% ownership in the key tenements which is currently 50/50 with KAL. There are lots of benefits. In the end the consolidation is needed and should of been done ages ago. The amount of shares on issue and continual dilution of shares is the reason I sold out in the first place. Not because I didn't like what EXT was reporting.
 
chris1983 said:
I think the perfect three to hold would be BMN/ERN and EXT. Thats just my opinion.
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Chris, You just have proven my point. I just try to break off fight under that thread for which one is the best investment in Namibia.

Of course, everyone is different. If you don't have enough money to invest, two to three in Namibia uranium is perfect fine.

And don't get too cocky just having seen the ERN up a few cents last Friday. Given 3 months period, ERN's return is below average amount uranium juniors.

Again, and again, anything could happen tomorrow, next week, and so on... The best strategy is betting on multiple horses when the uranium sub-sector is very strong.
 
ive really got no time for you mining. I wasnt even trying to prove which one is the best. I was saying I wouldnt invest in every single company in Namibia thats all. You can go ahead and do that..thats fine. I guarantee you some will give you greater returns than others..and if you like to hold every single share in every different company thats good for you.

Another thing mining. The point with ERN is it is one of the juniors that havnt moved yet..thats why if you read the thread over and over on ERN i said it was the cheapest namibian uranium play. Now if it catches up to other uranium explorers i'll be sitting on a nice profit..oh wait I allready am.
 
chris1983 said:
ive really got no time for you mining.
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Please, Chris, I beg you, don't ignore me please, please, please.

Sounds like I am a stalker. Let's conclude this, both you and I are right under certain conditions.

For ACB, My analysis is correct, but Mr Market prove I am wrong. I accept it. It just proves my point, I give up on ACB, I missed the huge gain. Just imaging if I give up on ERN on Feb 8, I would have missed over 30% of potential recovery, or unrealized gain.

And you keep proving my point. If you buy a basket of uranium stocks, of course, there are good ones, and bad ones. The million dollar question is how do you know it before hand?

I guess we have wasted a lot of time of other people. I apology for this. If you have different view, please PM me. Let's move on.
 
dun worry mming. you miss one you will get another.

thanks barry for the namibian process- i guess patience will be the order of the day! Maybe they can do spectrometer readings - to cut down on assay labs.

I guess ext/bmn have some operating synergies long term, it is a good idea to have both
 
Good morning Halba.
"Maybe they can do spectrometer readings"

Now lets be fair, ok?
You haven't read very much about EXT, have you.
And now your on a free ride with what others have spent time reading and researching.
There is a word to describe this lazyness, now what is it?

Because, there is even a image/picture of the Geo, with a spectrometer in Nanibia, available!
And /or the fly-over zones.

Using a Spectro., is only a rough tool to locate 92.
You, the company have to drill to uncover 'masked' and or deeper areas and the true grades of 92 and any other minerials in the selected zone.

Which is important in Namibia, because ...............
Matey, its time to share, because thats what Forums are about, sharing ideas and information, its not a cheap oneway street.

Please don't take this as personal, just go and find, like you learnt you had to at Uni,. And hopefully you may discover facts that we have missed, then add these to the information pot of general knowledge here.
Kind regards,
Barry
 
Uncle Barry said:
Good morning Halba.
"Maybe they can do spectrometer readings "

Now lets be fair, ok ?
You haven't read very much about EXT, have you.
And now your on a free ride with what others have spent time reading and researching.
There is a word to describ this lazyness, now what is it ?

Maty, its time to share, because thats what Forums are about, sharing ideas and information, its not a cheap oneway street.

Please don't take this as personal, just go and find, like you learnt you had to at Uni,.
Kind regards,
Barry
Click to expand...
Barry, yes, forums about sharing information, so let's keep sharing. The old catch cry 'go and do your own research' without providing any information yourself doesn't cut it here. And your comment in regard to being lazy borders on a personal attack. So, let's keep it nice and polite here. Thanks.
 
In my little understaning, if it touches 12c today then next stop is 13c.

EXT is a way behind its peers & should catch up very soon as it looks cheap in comparison to others.

cheers,
 
SP looking very good this morning up 1 cent to 12 cents with VG volume

EXT $0.12 +$0.01 +9.09% 10,945,087 shares $1,281,548
26-Feb 10:24:49
 
Dear Mr Moderator.
Your advice taken onboard.

And this is the very reason, why I added the following "Please don't take this as personal,".

Thanks.
Kind regards,
Barry
 
Update re the consolidation of shares.

The General Meeting of Share holders is to be held on 14th March in Perth and they are proposing

Resolution (1) A 10 to 1 consildation of shares and options.
Resolution (2) approval to acquire Kalahari Minerals Plc and for Kalahari to acquire greater than 20% voting power.
Resolution (3) Approval of future issue of shares. Up to 10million.
 
Uncle Barry said:
Dear Mr Moderator.
Your advice taken onboard.

And this is the very reason, why I added the following "Please don't take this as personal,".

Thanks.
Kind regards,
Barry
Click to expand...
Thanks Barry! All the best with EXT.
 
imma look at ext/bmn tenement (as u all know i am in bmn) and looks like these two could build one giant mine one day
 
Has had a good run the last few days.............hopefully it doesn't follow previous runs by falling straight back down. One thing that I have noticed that is different this time is the volume has not spiked....(4days of 30m)...it has had four solid days with increases. Also the buyers seem to get in early with large parcels and seem to sit back and wait for the sellers to come back again.......then in the afternoon they take them out again.

Could there be a large investor or maybe someone from the Kalahari side of things?????

Must say I enjoy the discussion over the weekend..............from the sidelines....
 
SP increasing again today with good volume - up 1.5 cents in first hour of trading

EXT $0.13 +$0.015 +13.04% 20,774,905 shares $2,636,342
@ 27-Feb 11:03:39
 

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