EXT 0.00% 1.2¢ excite technology services ltd

kalahari raises funds to maintain ext share, page-13

  1. 1,402 Posts.
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    By end of Mar, EXT has $28m in hand, and somebody exercise 5m options for $1 each on 16 Apr, that make total $33m in hand. EXT has 7 drilling rigs working now, only one rig more than before, not much cost increase($2.5m a month Max), C.R should be next year, SP won't be $5 level by then, KAH has to pay more if he is witing for next C.R. IMO HAH will either buy on market or buy from other big share holder, depends on which way is cheaper.
 
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