EXT excite technology services ltd

institutional interest growing, page-12

  1. 4,582 Posts.
    ......"This will of course be good news for EXT as they will be one of the very very few companies that actually make it into production"......

    Very true harlee.

    Also after reading all the latest analyst reports last night,this from BMO really says it all for me......


    ----------------------------------------------------------------------------
    5. Rössing South Offers Scalability

    Production of 14.8Mlb p.a.
    forecast.
    Extract has released the initial results of preliminary feasibility work, which
    outline a 15Mtpa operation to produce 14.8Mlb U3O8 a year. Throughput is in
    line with Rössing’s capabilities, with the additional production a function of
    higher grade, immediately demonstrating that the scale is in line with the
    requirements of major producers.


    BMO Research considers that the ultimate scalability of the project is likely to
    be the most important metric that a senior producer will be looking for.


    Based on 2008 figures, output of 14.8Mlb U3O8 per annum would make
    Rössing South the second-largest producing mine within the BMO Research
    universe of uranium producers



    http://www.extractresources.com/InvestorInformation/ResearchReports/tabid/616/Default.aspx
    -----------------------------------------------------------------------------



    PS Apologies to the forum for my bourbon fuelled posts last night.

    I do,however, think it's strange that Deutsche would have a HOLD reco when their 12 month target is less than today's share price.
    I guess it's a "hold -just- in- case -our -analysis -is -wrong" recommendation.lol

    Cheers!
 
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