EXT - Excite Technology Services

[RickG]

Hey I will have no one critisize Jemma. She wwas the one that alerted us all to the last drilling results, when the SP was 7.5 cents and below. She was why i bought more.. and why I made an obscene profit in 3 days.

So no one is allowed to critisize her ok

 

[jemma]

Hey I will have no one critisize Jemma. She wwas the one that alerted us all to the last drilling results, when the SP was 7.5 cents and below. She was why i bought more.. and why I made an obscene profit in 3 days.

So no one is allowed to critisize her ok

Many thanks for your support.

 

[insider]

Yeah that's right Jemma's seems to know what she's on about... I reckon she's hot... Those horns really bring out those eyes... Lmao... enough... I can see ext having a pretty good couple of weeks a head... Lets hope we're all million's richer

 

[barney]

Yeah I agree. good luck Jemma Hope you make a squizillion. I dont own any EXT but I know what its like sit and wait (and wait) for something to happen on a share you are banking on. Unfortunately none of mine have produced the goods so far but I am still trying.

 

[Fab]

Jemma,

My comment was not aimed to criticize you as I don't really know this stock but from what I read on this forum it looks to me that there is a lot of comment that are made which do not seem to state much facts at all.
You appear to have posted few comments in this forum, I would be interested to understand why you are so bullish on EXT ??
Sounds to me that you picked the wrong stock compared to a stock like AGS which went in a month from 0.3 to almost $1

 

[Fab]

Going great today

 

[bigdog]

Extract partner is underway to raise $45 million.

Is EXT also in process to raise funding?

From HeraldSun today
http://www.news.com.au/heraldsun/story/0,21985,20353244-664,00.html

Tectonic also became a gold producer late last year. It has a joint venture with Extract Resources at the Burnakura gold project in WA and is on schedule to produce about 36,000 ounces of gold this year.

Tectonic in $45m drive

HE company behind the RAV 8 nickel mine in Western Australia is poised to raise as much as $45 million to fund the development of a new gold/copper mine.

Tectonic Resources will to go to the market for funding in the next couple of weeks, with production at the Phillips River mine in WA expected to start early next year.
Tectonic is believed to have received strong interest from British fund managers.

It also has United States commodity trading giant Sempra Metals & Concentrates on its books.

Sempra paid $2 million in January for a 5 per cent stake in the company and the right to buy copper concentrate from the new mine.

Sempra has shown a hunger for Australian resource projects, helping to finance Terramin Australia's Anga zinc project and Hillgrove Resources' Kanmantoo copper mine, both in South Australia.

Phillips River is expected to produce about 250,000 ounces of gold, up to 8300 tonnes of copper in concentrate form and 650,000 ounces of silver over five years.

But Tectonic managing director Steve Norregaard said yesterday he believed exploration would result in a longer-life project.

The ore bodies at Phillips River remain open at depth and strike, but Mr Norregaard believes the real value is in the nearby Trilogy base metals deposit.

Tectonic wants to develop Trilogy as a satellite to Phillips River but the company needs to complete metallurgical work to recover a saleable concentrate first.

Tectonic stopped mining at RAV 8 last November, but Mr Norregaard said yesterday the rising nickel price had prompted the company to consider re-opening the mine on a smaller scale.

RAV 8 has a life-of-mine offtake agreement with BHP Billiton.

Tectonic also became a gold producer late last year. It has a joint venture with Extract Resources at the Burnakura gold project in WA and is on schedule to produce about 36,000 ounces of gold this year.

The company expects to save money by using its infrastructure at RAV 8, about 16km from the new mine.

Tectonic reported a loss of $840,000 in 2004/05, after a record profit of $12.2 million the previous year. It has yet to report its result this year.

Tectonic shares last traded at 13.

 

[jemma]

Looks like their finances will easily be fixed.

Last chance to buy in the next few days IMO.

 

[bigdog]

Is anyone having problems posting replies to EXT?

 

[dj_420]

Looks like their finances will easily be fixed.

Last chance to buy in the next few days IMO.

Jemma that is blatent ramping. last chance to buy??? why? where is there any evidence of that at all? statements like that are not going to increase interest in a stock

i thought we were adding value to this forum, you have quoted others as not adding any value.

 

[petee]

Jemma that is blatent ramping. last chance to buy??? why? where is there any evidence of that at all? statements like that are not going to increase interest in a stock

i thought we were adding value to this forum, you have quoted others as not adding any value.

LOL Cathers..maybe Jemma meant last chance to sell

 

[petee]

all jokes aside the market flat to down today so expect red ink..anyhow seems to have buyer support at 8cents and under..just a bit frustrating for the holders sitting over the weekend..thankfully US markets now not so volatile..good luck all with ur EXT holdings

 

[bigdog]

Possibilities can be drawn upon once EXT have defined resources!

Rio to extend life of Namibia mine
Wednesday Sep 6 22:35 AEST

"The process (of extending to 2020) is to be detailed. But we can already see our way past 2020 with more years to come," he said.

http://news.ninemsn.com.au/article.aspx?id=142184


Rio Tinto's Rossing Uranium mine in Namibia expects to produce 3,500 tonnes of uranium this year compared to 3,700 tonnes in 2005 and is investing $US120 million ($A156.14 million) to extend its life, a mine official said.

Rossing Uranium's head of corporate affairs Rehabeam Hoveka told Reuters the mine aimed to lift output to 4,500 tonnes soon.

He did not give a date for this target and could not immediately give details on why output would fall this year.

Hoveka said the company was investing $US120 million ($A156.14 million) to extend the life of the mine by 10 years but that it planned to keep it open longer.

Rossing Uranium managing director Mike Leech said at the weekend at an event to mark 30 years of operations at the mine, that its life could be extended until 2020.

"The process (of extending to 2020) is to be detailed. But we can already see our way past 2020 with more years to come," he said.

Rio Tinto is the world's second biggest mining firm, mining and refining materials used in everything from steel to telephone wires.

Prior posting reported that EXT gold mining partner Tectonic was to raise 45 million funding

 

[johnmwu3]

Hi, Jemma
Maybe it's time for you to tell Peter that EXT need some U energy to fly off the ground.
We waiting too long for EXT to take off.
Or maybe EXT got some problem ?
Cheers

 

[jemma]

Hi, Jemma
Maybe it's time for you to tell Peter that EXT need some U energy to fly off the ground.
We waiting too long for EXT to take off.
Or maybe EXT got some problem ?
Cheers

Maybe you should sell???

 

[dj_420]

Hey guys I have been doing a bit of research on EXT and KAH project. IMO if the project actually proves that they have a significant resource then I think the stock that will benefit the most will be KAH.

Im not trying to downramp EXT I just want to show some back of envelope figures based on hypothetical situation.

Ok so lets assume there is a significant deposit of say 30 000 tonnes of u. So 30 000 tonnes = 3 432 000 000 US in situ value = 4 552 000 000 AUD. Now 50% each EXT and KAH = 2 276 000 000

KAH has 50 000 000 million shares on issue = 45.52 AUD per share insitu value or 18 pounds per share. A 100 x increase on current share price.

Now EXT has 850 000 000 shares on issue = 2.70 AUD per share insitu value. A 35 x increase on current share price.

NOW all that is completely hypothetical assuming 30 000 tonnes of minable u and that resource could be developed without further capital raisings. The point im trying to make is amount of shares on issue diluting the value of the deposit. IF the resource proves to be large KAH are going to be the most obvious winners here due to low dilution of resource because of shares on issue.

Im thinking of buying back in, but into KAH instead of EXT. Im not sure how much it costs to develop a u resource but the additional capital is going to produce huge amount of dilution. For EXT to begin going anywhere the sp NEEDS to move up otherwise a placement at this price is just stupid.

This is where the problem lies for EXT a large placement now would send SP down. They need further funds to continue exp but need sp to rise before a placement can take place. So EXT needs further great ann’s to get sp moving. EXT last two great ann did not get SP moving.

Now I know all the EXT fans are going to jump up and down here. BUT im not arguing there may not be a great resource there, IM worried about placements and dilution. There may in fact be a significant deposit and grades are pointing in that direction.

My question is has anyone considered investing into KAH rather than EXT?

Also if EXT tanks and sp never lifts off as everyone is expecting KAH may rocket so Peter McIntyre gets his $ either way. Probably the bonus of been involved with both companies.

 

[IGO4IT]

Hey guys I have been doing a bit of research on EXT and KAH project. IMO if the project actually proves that they have a significant resource then I think the stock that will benefit the most will be KAH.

Im not trying to downramp EXT I just want to show some back of envelope figures based on hypothetical situation.

Ok so lets assume there is a significant deposit of say 30 000 tonnes of u. So 30 000 tonnes = 3 432 000 000 US in situ value = 4 552 000 000 AUD. Now 50% each EXT and KAH = 2 276 000 000

KAH has 50 000 000 million shares on issue = 45.52 AUD per share insitu value or 18 pounds per share. A 100 x increase on current share price.

Now EXT has 850 000 000 shares on issue = 2.70 AUD per share insitu value. A 35 x increase on current share price.

NOW all that is completely hypothetical assuming 30 000 tonnes of minable u and that resource could be developed without further capital raisings. The point im trying to make is amount of shares on issue diluting the value of the deposit. IF the resource proves to be large KAH are going to be the most obvious winners here due to low dilution of resource because of shares on issue.

Im thinking of buying back in, but into KAH instead of EXT. Im not sure how much it costs to develop a u resource but the additional capital is going to produce huge amount of dilution. For EXT to begin going anywhere the sp NEEDS to move up otherwise a placement at this price is just stupid.

This is where the problem lies for EXT a large placement now would send SP down. They need further funds to continue exp but need sp to rise before a placement can take place. So EXT needs further great ann’s to get sp moving. EXT last two great ann did not get SP moving.

Now I know all the EXT fans are going to jump up and down here. BUT im not arguing there may not be a great resource there, IM worried about placements and dilution. There may in fact be a significant deposit and grades are pointing in that direction.

My question is has anyone considered investing into KAH rather than EXT?

Also if EXT tanks and sp never lifts off as everyone is expecting KAH may rocket so Peter McIntyre gets his $ either way. Probably the bonus of been involved with both companies.

You missed a very important fact....who will own new EPL when it comes???

 

[dj_420]

So the rest of the tennements are all going to be 100% EXT??

i was under the belief that some of these extra tennements are going to be JV with KAH. Why would Peter McIntyre only apply for extra tennements under EXT whe he is in charge of both. Surely it would be in the best interest of both companies to proceed with JV on extra exp.

Im only asking has anyone actually looked at KAH.

 

[Maverick_571]

I don't presume to know much but I was wondering how did you calculate the number of shares KAH have on offer? Is it Market cap divided by share price? I may be wrong but KAH's market cap is 17.91M pound and its share price is 18p, so wouldn't KAH have closer to 100,000,000 shares? Sorry if I made a wrong calculation somewhere along the way...

 

[Maverick_571]

Also, I thought EXT only had 750,000,000 shares on offer?

So, assuming this is right (there's a big chance I'm wrong coz I'm extremely new to the stockmarket)

100,000,000 shares in KAH = 27.76 AUD per share insitu value or 9 pounds per share (assuminge exchange rate is 0.4). A 50x increase in SP

750,000,000 shares in EXT = 3.03 AUD per share insitu value. A 37x increase in SP