EXT excite technology services ltd

Ann: Quarterly Activities Report , page-2

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    33% increase in resource since August 2010 estimate.

    $75m cash in hand.

    The Company attended and presented at the China Nuclear Congress in China (and others).

    Discussions are continuing with prospective investors and off-take partners pursuant to the Partnership Process.

    The Namibian government has confirmed that existing mining licence applications and existing exclusive prospecting licences will be unaffected by proposed changes to the Namibian Minerals Policy.

    The Ministry of Mines and Energy has confirmed that our Mining Licence Application is under active consideration.

    The Company lodged an Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) with the Ministry of Environment and Tourism (MET) in June 2011.

    Approval is expected in H2, 2011.



 
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