EXR Trading 2021, page-7306

My opinion is the share price should be double of what it is, and I'm looking at management. I understand the company cannot control the sp. But it does control other factors. The company took advantage of the sp rise earlier this year and raised (some would say fleeced) $26m off insto's and retail with what looks like no plan to accelerate the program. Almost as if caught on the hop with the rising sp, saw an advantage to capitalise on it, but then not put the extra resources available. FFS, the 3rd drill rig was only mobilised to site last month? It's simply unacceptable in my opinion after the cap raise heaven and earth hasn't been moved to accelerate the program. Of the 26 red markers, how many have been done?

Am I frustrated? Yep, just like many who think similar. Doesn't change my sentiment, and I still continue to accumulate when I can. My fear is the company being offered a TO well below what we think would be a reasonable price. NY, RC, AS and SK would still do quite well with a $1/share offer.