rec buy, page-13

...extremely tightly held... = we can see that
...RS could dwarf the company’s Ida Dome assets...love that
lol


Extracts stock is extremely tightly held with the top 10 shareholders holding
approximately 62.5% of the common stock. The largest shareholder is Kalahari
Uranium Ltd; a subsidiary of AIM listed exploration company Kalahari Minerals
PLC, which currently holds 36% of the company. The next largest shareholders
are the company’s management at 10%. Extract picked its Namibian licenses
based on previous exploration results completed mainly by Anglo American in the
1970s on the Ida Dome prospects. The Ida Dome prospect is the company’s most
advanced project. Since acquiring its exclusive prospecting licenses (EPL), the
company has discovered one of the most exciting new uranium projects in several
years at the Rossing South Prospect. It is sill early days at Rossing South, but the
project has the potential to be a very sizeable deposit which could dwarf the
company’s Ida Dome assets. We expect the next twelve months could hold
several positive catalysts for Extract as exploration at Rossing South ramps up and
the initial resource estimate is published from the Ida Dome area.