Australian (ASX) Stock Market Forum

EXT - Excite Technology Services

johnno261 said:
Just been perusing a nice little article on EXT.Here is the link:

www.minesite.com/storyFull5.php?storySeq=3295

Great article. I really like McIntyre's low level approach.EXT seem to think Husab is a potential company maker. I like it too!!!!
Cheers

Just read the article, in terms of share price, we have seen a rapid rise, in the last few months with some people taking advantage this. But are we going to see further gains in the middle to longer term? EXT dont have uranium yet, but are still in the process of discovery (at large cost) and not to mention the environmental barriers that the exploration faces overseas.
Im not being pessimistic, i think this stock has alot of potential, however there seem to be alot of 'ifs' and 'maybes' hinging on the upside potential of EXT.
What do others think?
The graph seems to be showing a possible short term correction before further gains, has anyone calculted a target price, or is anything possible at this stage?
 
carpets said:
Just read the article, in terms of share price, we have seen a rapid rise, in the last few months with some people taking advantage this. But are we going to see further gains in the middle to longer term? EXT dont have uranium yet, but are still in the process of discovery (at large cost) and not to mention the environmental barriers that the exploration faces overseas.
Im not being pessimistic, i think this stock has alot of potential, however there seem to be alot of 'ifs' and 'maybes' hinging on the upside potential of EXT.
What do others think?
The graph seems to be showing a possible short term correction before further gains, has anyone calculted a target price, or is anything possible at this stage?

Carpets, "If" you do your homework on this stock,"Maybe" you will be rewarded!! Trying to ascertain a target price, your wasting your time!!!
It's this simple,
"IF" EXT strike yellowcake the share price will fly
"MAYBE" EXT don't strike yellowcake,S/P will retrace!
 
johnno, sounds pretty simple.
are you in for the ride, or are you waiting on the sideline for announcements, discoveries etc (if you dont mind me asking)
 
Have been in this stock on and off for over 12months now. I am currently in and upon good drill results will upgrade my holdings. The grades of Rio's "Rossing Mine" and Paladins mine dont have good grades, so dont expect to see good grades here either.
 
Hi guys,

are there any news about this one that I didn't get?

Volume is huge & price is going up like crazy. any idea why?

I'm not complaining, the higher the better :) I'm just interested to know if there's something that I missed.

cheers.
 
Increased volume I suspect is due to a Drilling Commencement announcement not being too far away. This stock could be a 10 bagger from here in the next 12-18months. Potential upside is huge so is the risk, but hey they go hand in hand!!! Big risks,Big rewards!!! I like this stock.
Atleast one thing is for sure, there wont be any disputes between the Joint Ventures as McIntyre is the MD of EXT and the MD of Kalahari Copper/Minerals, whom inturn have a 100% ownership of West African Gold Exploration(WAGE)!!!!! ha ha ha
Good luck to those whom hold.
 
what do you mean by 10 bagger?
wish i had bought a bit earlier. market seems to be turning its attention to EXT again, i think its still very undervalued if the upside potential is so high. could be a good buy?
 
Resistance is too taugh at 10.5c, I think we need the drilling news to come to get a real chance of breaking it.

so far 2 failing attempts to break the psych resistance point which is good news as each attempt will open the gate a bit more.

imo, if we can cross to 12c before news arrive we then can acheive mid 20s after arrival otherwise resistance will absorb the magnitude of the heavy volume attracted by news.
 
So drilling is starting soon & everything is in order!

practically the announcement today didn't say anything we didn't know. :confused:
 
I believe ext's partner co is listing tonight in the UK

Drilling is also about to commence. ;)
 
hh33 said:
Very high volume on EXT today...what do the experts make of it? :confused:

HH33, I dont proclaim to be an expert but just a humble trader. My view has not changed on this stock for the past 12months. It's an absolute goer.No I am not ramping it but telling the truth how i see it.
*Prime Acreage
*Known Uranium on previous rock chipping.
*McIntyre ex 15 years @ WMC
*Kalahari Minerals Listing today on The AIM @ 15 pence
*McIntyre has a very Universal approach, not just from an Australian Share market approach.
Drilling to commence in the next week

As I have stated before, watch this stock!!!!!!!!!!!!!!
 
nizar said:
if kalahari has a good run 2nite, EXT maybe break 10.5c 2mrw?

I think the hype is about the predicted merger between kalahari & EXT which so far nothing can really support that even idea exist other than McIntyer being the MD for both companies.

Kalahari has more projects running than EXT & I think its financials are stronger, therefore it could be valued partially on U project but big portion of its value will be on other minning projects they have.

there could be a bit of a connection in SP between both but that's in case Kalahari's price added a lot due to potential in Namibia ONLY not due to success in other project.

we'll see how it will go.

I"m not complaining if it breaks 10.5c tomorrow by the way :)
 
Some info on the listing on AIM. Currently trading at 18.50p

Hope this is of some interest...

Kalahari, chaired by experienced mining business player Mark Hohnen, also has promising copper prospects at Dordabis, Witvlei and Ubib, on the 'Kalahari Copperbelt', with some iron ore and gold possibilities thrown in. Hohnen says 15p a share represents the present value of the copper and adds that Extract’s Down Under market value implies adding another 12p for the uranium.

Drilling for uranium starts in a fortnight. If all goes as hoped, Kalahari could need some £10 million over the next year to 18 months to take the project further, including the cost of a feasibility study.
 
Imo, Drilling will take EXT SP to next level of teens.

initiation of drilling should be announced sometime within next week & I think we should see some volume coming starting wednesday on anticipation of drilling & also since price now is pretty low then I guess we all know usual run that starts & finishes in 1 day :)

its very intresting the almost 1.5 million shares in 1 BUY order can take SP up to 9.9c from 9c NOW, it gives us a lot of crazy ideas ;)

cheers,
 
surelle,

Imo, kalahari SP now is pointless, at this moment if any news to come out or even a leakage of news it should be affecting us in Aust first, our market opens before them & McIntyer is in Aust.

as far as monitoring is concerned, I think we should be more intrested with volume than price, if volume peaks in Kalahari then I guess we can estimate a volume increase in Aust (specially that market is awaiting any hint on initiation of drilling) but i still think it will be the other way around, we'll have the volume inc first then Kalahari will follow.

as for SP relationship between both, imo, unless a formal merge between KAL & EXT is on the table or at least the topic is open then its pointless to even assume any relationship. KAL can be worth double tomorrow, but it won't make me feel any better to pay 30c for EXT "NOW" :)
 
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