Sure I worry when it has dropped from the peak of $11.20 to now in the sub $8 but I see it as a buying opportunity subject to spare cash because the fundamentals have not changed. that is the difference between you and I, I am the 'glass half full' optimist. You are the over valued pessimist and the price is crashing and waiting for the ' see what i warned you ...' type.
The latest announcement had the drilling team expanding and not conserving cash. What does that tell you about their near future let alone what they are progressing towards further on?
As I stated some time ago, I wished I had more spare cash to buy when they were in the $7 range. I have had a heap of rights issue, EXT included and I took up all my allocation in EXT in particular like LE.
AJ
EXT Price at posting:
$8.10 Sentiment: LT Buy Disclosure: Held
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