Australian (ASX) Stock Market Forum

EXT - Excite Technology Services

Johnm,

very hard to try to work it out now imo.

EXT will be drilling many holes which doesn't necesserly mean that every hole they dig will necesseraly be a production hole (even if physically it has U underneath)

In my understanding & I could be wrong that U mining is different from gas or general metals mining as 1 place could be full of U while another close point could have nothing, the cost of getting U out must be low enough in any particular point to allow profits of course & if qty of U is pity in any particular hole then they usually try to find another one that could be feasable financially rather than wasting time & money on a point with low production levels.

I think at this stage, with this info we got, the right attitude is to look forward to see results & production rate of first whole to come out then we can get a general average of what they could achieve from nearer holes etc,... but talking on hundreds of Kms scale, I find it very hard & trying to assume same luck as PDN or RIO imo we'll be optomistic & "very early".

that's my :2twocents

cheers
 
the 4-5m shares bought 1 minute before close says clearly that there's an ann coming out before weekend.
 
Thanks for Your information.
From the the trades of price & volume, EXT just like a BULL, it walk up a good way, a long long up way.
 
jet-r said:

this is the depth for the last 10 minutes: 4.8m shares bought on 12.5c while 12c had only 70,000 shares on BUY offer.

if shares appear on same second then it should mean that its a 1 trade.


Time Price Volume Conditions Attributes
19/04/2006 4:15 0.125 100000 F
19/04/2006 4:15 0.125 93826 F
19/04/2006 4:15 0.125 180000 XT G
19/04/2006 4:15 0.125 26174 G
19/04/2006 4:15 0.125 50000 XT F
19/04/2006 3:59 0.125 73826 F
19/04/2006 3:59 0.125 20000 G
19/04/2006 3:59 0.125 6174 G
19/04/2006 3:58 0.125 73826 XT F
19/04/2006 3:58 0.125 26174 G
19/04/2006 3:55 0.125 25000 F
19/04/2006 3:54 0.125 50000 F
19/04/2006 3:54 0.125 33000 F
19/04/2006 3:54 0.125 100000 F
19/04/2006 3:54 0.125 30000 F
19/04/2006 3:54 0.125 100000 F
19/04/2006 3:54 0.125 47500 F
19/04/2006 3:54 0.125 26000 F
19/04/2006 3:54 0.125 62326 F
19/04/2006 3:53 0.125 137674 G
19/04/2006 3:53 0.125 12326 F
19/04/2006 3:53 0.125 187674 G
19/04/2006 3:53 0.125 50000 F
19/04/2006 3:53 0.125 20000 F
19/04/2006 3:53 0.125 120000 F
19/04/2006 3:53 0.125 30000 F
19/04/2006 3:53 0.125 125000 F
19/04/2006 3:53 0.125 80000 F
19/04/2006 3:53 0.125 100000 F
19/04/2006 3:53 0.125 480000 F
19/04/2006 3:53 0.125 307326 F
19/04/2006 3:52 0.12 34400 XT F
19/04/2006 3:52 0.12 10600 G
19/04/2006 3:51 0.125 152674 G
19/04/2006 3:51 0.125 100000 F
19/04/2006 3:51 0.125 100000 F
19/04/2006 3:51 0.125 320000 F
19/04/2006 3:51 0.125 150000 F
19/04/2006 3:51 0.125 100000 F
19/04/2006 3:51 0.125 100000 F
19/04/2006 3:51 0.125 50000 F
19/04/2006 3:51 0.125 40000 F
19/04/2006 3:51 0.125 46000 F
19/04/2006 3:51 0.125 100000 XT F
19/04/2006 3:51 0.125 300000 F
19/04/2006 3:51 0.125 150000 F
19/04/2006 3:51 0.125 291326 F
Total 4818826

cheers,
 
laurie said:
The point for all of this is!! :confused:

cheers laurie

big buys are getting on now & making sure that they take price higher with them, same buyers who put price down before to fill their bags up when drilling news came out.

or,

ann is coming out today about something & news were leaked as usual.

we should sit back & enjoy as long it keeps going higher :)
 
IGO4IT said:
big buys are getting on now & making sure that they take price higher with them, same buyers who put price down before to fill their bags up when drilling news came out.

or,

ann is coming out today about something & news were leaked as usual.

we should sit back & enjoy as long it keeps going higher :)

Well......no ann today. But the sp was up 16% to 14.5 on HUGE volume. Over 6 and a half million shares traded.
Good day!
 
:banghead: Hate myself for selling too early.
what is really happening with the bulls?
everything is gone within second.
can't even amend the damn thing.
:swear: going to buy more next time
 
powerkoala

Relax... buy some more 2mrw at 12c and ride the next wave

This one has a long long way to go, even though its no longer 4c, we are still in the bottom floorish if u consider the potential

2mrw is friday, if no news this will get dumped faster than it was pumped

I dont know even what news the market was expecting, but sumthing mustve leaked, it just seems way too early for a uranium result...

Perhaps resource upgrade at burnakura?
 
nixar,

that is what i expected.
hopefully no news, and selling off again
sorry for my stupid wishing :p:
i guess maybe the drilling result or sort of
let c what happen tmrw... can't wait :D
 
It took awhile for the sp to edge up the high 14cents. But the good thing is that the sp stayed at 14.5 which signals the positive sentiments of buyers
 
Still think one plays russian roulette when jumping on and off! sure you may make a few dollars after CGT but the time will come with this a trading halt will be called and you will wet your pants when you sold the day before :D :2twocents

cheers laurie
 
Hi guys,

we touched 15.5c on Monday (brand new high) & closed at 14.5c.

for those who are intrested, 15.5c is our resistance & support imo is 13.5c or 14c only experience here with next hit will tell us.

approx. 9 weeks left if i'm not mistaken until ann of results of first lot of holes being tested in HUSAB.

My own expectation 21c before news & depending on rates of U production from testing we could be anything up to $5 in 12 - 24 months depending rates of U production found.

If results are good from these first holes, then most of us who "really believed in EXT" & got some at 9c or less will be sitting on the beach in caribean somewhere celebrating :dance:

I have to admit, it was hard hanging on this fast moving rocket for last 6 months & temptation to sell almost killed me but I keep looking at my plan which says (DON'T MAKE SAME MISTAKE AGAIN, KEEP PROFITS RUNNING!) then I remember few bad experiences including OXR & recently ENG & then realise that I have to hang on :)

cheers,
 
By the way, I have been watching the volume very closely, current volume wave is instos going in, I'm suggesting English or Canadians but mostly English.

I'm hoping for a new "substantial share holder" notice soon so we know exactly who was that eager to get in.
 
powerkoala said:
Wow, in that case, I better jump on it soon
Thanks for your info
:D

Powerkoala,

pls don't take my suggestion or estimations as a reason for you to buy or sell any stock, I'm not qualified to give any financial advise & you should do your own research.

my comments before everyone is based totally on my own personal opinion which could be wrong.

cheers,
 
Ummmmm they produced 7,000oz's of gold of which EXT only gets 50%

so 3,500 oz's of gold @ a cash cost of $690 an oz

So @ Current spots of say A $850, THEY MADE = 3,500 x ($850 - $690)

Margin = $560k per qtr,

Ok lets assume they improve so much so that for the year they manage overal 10x that last qtr = $5.5m

Whats the mkt Cap again?
Looks like Burnakura ain't all its cracked out to be, to meet their forecast of 60k oz's p.a. they will have to do 10x this qtrs output and then they still only get 50% and what a cash cost, talk about Very Slim margins!


That 51% Uranium Asset better be worth alot,
 
YOUNG_TRADER said:
That 51% Uranium Asset better be worth alot,

Don't waste your time counting their gold production, its useless & more or less a safety blanket to fall on in case of a disaster.

Uranium should be able to get EXT to reach market cap if they could get ANY out.

Demand for U is massive & price is higher everyday, if we assume 1/10 of PDN or RIO luck NOT their WHOLE luck (which is reasonable) then we can easily get to $1/share.

This game here is purely Uranium game.

Also, we should look forward for the 2nd license EXT applied for to have extra land in Namibia for minning U as well, we didn't hear anything about it yet so if it comes along it gives higher chances.

Kalahari in AIM is already higher around 15% from day it was listed, a lot of optimism out there as we have a positive satellite scans that shows U & usually in most cases these are accurate if proven by ground sensors too which we already have too.

First hole samples are already in labs for testing & once out & positive.......we all are going to be dramatically amazed to what will happen here. :)

cheers,
 
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