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EXT - Excite Technology Services

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i was going of info of original placement. had a look but couldnt see any where where there was another placement. thought original placement was around 45 million shares on issue.

you may be right maverick

it still proves the point even if they have 100 million shares on issue that is 1/8 of the amount EXT has.



Yeah just found it you are right 100 million shares on issue

so correction would be $22.76 or 9 pounds per share
sorry i was going of original placement info

BUT the issue i was trying to raise was dilution.
KAH have 100 000 000 shares on issue
EXT have 850 000 000 shares on issue
 
Thanks for that research info Cathers, much appreciated. I guess most of us would be happy if EXT's SP ever got close to $1 within the next few years.
 
The thing is with EXT im worried about dilution. No-one else seems to be worried or talking about this point.
What about the next placement? im concerned that if i bought in the sp would become even more diluted when capital raising comes around again. by comparison the other half of the JV has 100 000 000 shares on issue. they will earn 50% of profits but with much less dilution.

IGO are all the new tennements 100% ext?

they have not got a defined resource yet and a potload of shares.

just by comparison to some other U stocks ive looked at
SMM defined resource 50% 33 000 tonnes of u 200 million shares on issue
MTN defined resource 100% 32 000 tonnes of u 50 million shares on issue

does anyone have any other info on some u stocks?


Dont get me wrong EXT could have a great resource, i just didnt want to park money somewhere where it wasnt doing anything, jumped on CBH, JML, MTN instead and caught an uptrend.
 
I go the footy and Collingwood lose and come home to this dribble.

No wonder IGO and I are the best thing in this thread.

As IGO correctly points out, EXT will own the new EPL's 100% and they are due to be approved any day now.

We already discussed the fact both companied will merge anyway.

Plus easier to trade EXT as KAH is illiquid.
 
Hey I'm fairly new to the thread so can someone please tell me what EPL's are... what I gathered is it is some kind of spaceship. lol :eek:
 
cathers_420 said:
The thing is with EXT im worried about dilution. No-one else seems to be worried or talking about this point.
What about the next placement? im concerned that if i bought in the sp would become even more diluted when capital raising comes around again. by comparison the other half of the JV has 100 000 000 shares on issue. they will earn 50% of profits but with much less dilution.

IGO are all the new tennements 100% ext?

they have not got a defined resource yet and a potload of shares.

just by comparison to some other U stocks ive looked at
SMM defined resource 50% 33 000 tonnes of u 200 million shares on issue
MTN defined resource 100% 32 000 tonnes of u 50 million shares on issue

does anyone have any other info on some u stocks?


Dont get me wrong EXT could have a great resource, i just didnt want to park money somewhere where it wasnt doing anything, jumped on CBH, JML, MTN instead and caught an uptrend.
Click to expand...
Cathers what normally happens with stock like EXT is that they have a capital reconstruction..so as to reduce the amount of shares on issue..so EXT may have a 1 for 10 or 1 for 20 capital reconstruction..if 1 for 10 then the 800million shares on issue would become 80million shares so a 100K holding becomes 10K but the sp increases 10fold..the problem with this is that ur holding is diluted and very often the price drags down again and basically uve lost ur money..hope that wont happen but ive seen this all to often..be aware of this but having said that if EXT is sound then a dilution of capital should be ok
 
insider said:
Hey I'm fairly new to the thread so can someone please tell me what EPL's are... what I gathered is it is some kind of spaceship. lol :eek:
Click to expand...

i think EPL stands for Exclusive Prospecting Licence. :)
 
New EPL application was done 100% to be EXT's. up to this moment, KAH is not in the picture of the new EPL at all.

Interesting point you need to consider, if KAH & EXT are to "share" new EPL then application wouldn't just exclude KAH, its always better to show on application 2 companies rather than 1 as govts usually like to see big efforts to be done, so application being just under EXT means that EXT is really planning to keep that 1 100% for itself or may be find a "different" partner.

we have to remember that new EPL means new commitment to cash spending on exploration & time commitments, etc...., If I would conclude anything, I would assume that KAH is not ready to be involved in "extra" EPL for thier own reasons, otherwise they would've included their name in application.

still, we don't exclude a merge between both EXT & KAH & we don't assume the merge as well until its at least announced.... so pretty much we can't just assume anything at the moment other than facts we have which is new EPL is 100% EXT's as per application done.....if ever KAH (OR ANY OTHER PARTNER!! ;) ) would come in & help with new EPL....it will mean that they have to contribute even cash or something else to EXT...who knows!!!

in a land of possibilites....there's no end...so I think we better stick to current facts until it changes if ever.

cheers,
 
cathers_420 said:
Im only asking has anyone actually looked at KAH.
Click to expand...

life in AIM is less than 12 months (too young), expect volatility with no limits...could explode but also market wouldn't mind giving 1/10 of its current value....imo...it needs at least another year to qualify for me to buy in.

initial issue price was a joke & I still think its a way over valued for its "other" projects.

I would defenitely consider it as I said after 1 year & after it declares operational profits/loss.
 
IGO4IT said:
life in AIM is less than 12 months (too young), expect volatility with no limits...could explode but also market wouldn't mind giving 1/10 of its current value....imo...it needs at least another year to qualify for me to buy in.

initial issue price was a joke & I still think its a way over valued for its "other" projects.

I would defenitely consider it as I said after 1 year & after it declares operational profits/loss.
Click to expand...

Looks like it might be going back to support for the third time at 7 if 8.1 does not hold.
 
Wow Jemma that's A bit of a negative spill from ya... Why the sudden change in sentiment you've been saying how its gonna bust through 11 cents and your saying 7. Not Picking on you Jemma :) But I'd think we'd all benefit If people would give the source of the information before they post it so that we don't have the blind leading the blind... you dig? Some people have made some outrageous posts and claims but where did they source it. Oh by the way Peoples... what do yas think about a possible bear market in the resources sector?
 
jemma said:
I go the footy and Collingwood lose and come home to this dribble.

No wonder IGO and I are the best thing in this thread.

As IGO correctly points out, EXT will own the new EPL's 100% and they are due to be approved any day now.

We already discussed the fact both companied will merge anyway.

Plus easier to trade EXT as KAH is illiquid.
Click to expand...

I bet there are a few investors here who wish they knew they were following the advice of a collingwood supporter earlier........
 
insider said:
Wow Jemma that's A bit of a negative spill from ya... Why the sudden change in sentiment you've been saying how its gonna bust through 11 cents and your saying 7. Not Picking on you Jemma :) But I'd think we'd all benefit If people would give the source of the information before they post it so that we don't have the blind leading the blind... you dig? Some people have made some outrageous posts and claims but where did they source it. Oh by the way Peoples... what do yas think about a possible bear market in the resources sector?
Click to expand...
hi Insider..cannot be a general bear market for resources as China and Indias economic demand for metals and other commodities will continue strongly..not to mention the energy issue heating up(excuse the pun).important thing is weed out the garbage amongst the gems..and remember many grassroots explorers will boom..its just a matter of time..just because a stock is a "bluechip"resource stock today doesnt mean it will be in the future and vice versa..its all relative
 
the talk of EXT is dieing down? this used to be one of the most popular threads here on this forum, has everybody goten bored of the stock?
 
ExT may got board problem , 5 month drilling passed, and no major results come out.
First they ann. drilling may take 4 month, or maybe they found no other U.
ExT MD Peter should be a layman of mining.
He got a company , but not know how to manage it effectly. so ExT got a huge share and still a baby junior, but the money is away.
Last time he ann. shere issue and later withdraw, that's made lot of joking.
 
johnmwu3 said:
ExT may got board problem , 5 month drilling passed, and no major results come out.
First they ann. drilling may take 4 month, or maybe they found no other U.
ExT MD Peter should be a layman of mining.
He got a company , but not know how to manage it effectly. so ExT got a huge share and still a baby junior, but the money is away.
Last time he ann. shere issue and later withdraw, that's made lot of joking.
Click to expand...

John,

i think you got EXT mistaken for another company.

look up their news, last results just came out last month!!!!!

not sure what you mean by MAJOR results, but as far as I know, what we had was major!!

I'm not posting because I'm hiding my EXT shares in the "after xmas" tray, not worried or bothered with all what's happening in it now.

read more about the company & Peter McIntyre is 1 of the best in the business. read more about his history before judging him.

cheers,
 
Does anyone know when any announcements or drilling reports are coming? EXT normally send out a price sensitive announcement every month! And they haven't yet. A bit weird. Comments...?
 

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