EXT excite technology services ltd

rcr brokers note on ext 24th september 2010

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    Hi All

    RCR Brokers note on EXT 24th September 2010

    QUOTE
    Extract's stock price continues to trade ~20% below our NAV of A$8.06/share, which equates to a modest ~US$3.10/lb based on our very achievable 580mlb U3O8 Rssing South resource target. We expect a re-rating towards A$8.00/share with the DFS in 4Q10.

    http://www.rcresearch.com.au/fdl?i=830


    There is also a quarterly research report covering 17 global uranium exploration and development companies.

    http://www.rcresearch.com.au/fdl?i=823

    Regards

    Steve
 
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