A large commercial uranium resource in some of the best land on earth for uranium mining is exactly that regardless of management. EXT may well be this and if it is will be the cheapest uranium stock listed on the ASX. Everything is certainly pointing in the right direction.
Having said that EXT management is very good. Their only downfall is that they dont communicate the bigger picture to shareholders clearly enough so this does create uncertainty and angst among some shareholders. They did say in the latest AGM that they will consolidate their Uranium startegy. Think about this. It likely means they want 100% of Husab.
They do having backing by those that count though. The bigger picture is all we need to know so I would focus on this.
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