share buyback

This is a really good idea for Extract at this point.

Shareholders are being hung out to dry by mark honen and co.
Every move this company makes is decreasing our value and undermining shareholders.

Galloway announcing that capex is going up to $1 billion! thanks a lot...thats sure to get the market interested.

A share buyback would have a big influence on the SP and mininmal impact on the companys financial situation. With 100 million in the bank and 30 million for this years drilling budget we could easily spend $10-20 million buying back shares from the free float to incfease SP and add value to the company that is being overlooked by the market. This is what good management does, they add value to a company.

Unless you want to sit on your shares for the next five years while we wait for this mine to get built then it is time for management to act.

look at the facts.

Nearly all the drilling has gone and will only contribute towards putting zone 1 and 2 in higher resource category. It will take six months of drilling on other parts of the project to put together a resource.
This updated resource will come along with the DFS which I am sorry to say is going to dissapoint based on an icnrease of at least $300 million in the capex.
The deal with the Koreans is not going to impress the market either. Watching management bubmble this thing up for the last year leads me to believe the offtake agreemet will not even offer a floor price for our Uranium. The Koreans will probably only sign on for 15% of the production. They bring nothing to the table when you think about it! More management dragging their feet enjoying their fat salaries and letting shareholders swing in the wind.

Why you people are so happy to sit here for the next 5 years waiting for them to mine this up and dilute the number of shares and take all the risks when we could easily just sell Rossing South for $15-$20 bucks a share right now is just bad investing.

I am waiting for management to shape up fast or else in there is another upswing I am selling the second half of my shares.

Very dissapointed to have watched management blow this thing so far.