polo now at 10.1%, page-11

rrossingg.

The company will not have to do a C/R, as they stated
a couple of months ago, the CO will have app $20 M
in the bank after the completion of drilling Zone 1
completely & the initial JORC Res for Zone 2 also the
testing of the further 9 Ks of strike.
The zone 1 res will be substantially upgrade when the
drilling is finished, go to the last drilling release
to see what I mean.
Even if the company & the major s/hs decided to mine
the resource, your concerns regarding a C/R would not be
a concern for any s/h, you have to remember the co was
included in the ASX300 in March, with that being the
case the Vanguard Funds would have to aquire shares into
their portfolios, on their current s/p they should be
in the ASX200,with that said the time the updated Jorc
resource release in late July or early August should see
the share price about roughly $6 to $7 so your concerns
re a c/r with the issue of shares will be only
miniscule, you should be able to work out how many
shares would be issued if this was to occur.

That will mean all the major Funds will have to include
EXT to balance their portfolios, and in saying that, the
shares will be scarce, and most likely issued at a
premium.

I have not posted since last thursday for obvious
reasons, I will not reply to some of the posts that are
being posted on here, because they have only come on to
downramp the stock.
They state the Fundamentals of the co are no good, so if
any people, that take notice of these people posting
negatives, they do at their own risk.

I have researched this company back to front, and all
stands above the current s/p, I am also a l/t s/h.
Also a lot of us l/t holders have discussed off line
that we may not post and give info or any of our long
term research for reasons stated above.
I may give my email address and only discuss any news
or info to people that are legitimately are with the
view that this co has it all.
Hope this helps re any C/R, by the way I did not count
the $5 Million of 2012 options ex on the 14th, so in
actual fact the company will have 25 Million after all
the drilling, so we have plenty of cash in the tin tank.

Simmo.