Availability of exploration equipment, drill rigs/resources etc.. is extremely tight. I’m not surprised EXT has taken the decision to fast track the “Exploration Phase” while they have the equipment on-site. We shall find-out the extent of “ore bodies” and “ore values” much sooner. If these prove to be commercial, EXT can proceed with “Mine Feasibility Study” without any delay. The dilution factor from the extra share issue is obviously a trade-off . I’m not concerned provided the ore body economics are positive, the share price will respond nicely.
Cheers
Zackman
after some thought, page-4
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0.9¢ |
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Mkt cap ! $13.08M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.6¢ | $75.60K | 9.052M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1075739 | 0.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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