EXT 0.00% 0.9¢ excite technology services ltd

prohibitive costs..., page-7

  1. 412 Posts.
    re: prohibitive costs...sparty OMG, Spart whats happening to you.. good to see :)

    But yeah as Spart says RIO and PDN have/are proving that you can mine Ur economically in this area. This is a big factor in why many of us believe EXT has great potential.

    IMO the risks with EXT are not with what is in the ground, how they will get it out, or how it will be processed. There is already enough infrustructure in the area to cover this, and drilling results are proving they have Ur IMO better than Langer and Rossing.

    My concern with EXT relates to future funding ie how we they pay for the drilling programme, especially with the new leases. Much depends on the sale of the Gold Mine, and how much they will earn before it closes. Very little has been said on this which worries me. I have expressed some concern about management in the past, and still do. Although Harlee's comments do give me more confidence in the management team.

    But saying that it still hasnt stopped me from holding shares in EXT.
 
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