DJ MARKET TALK: Buy Extract Resources Under A$9 - Southern Cross...

DJ MARKET TALK: Buy Extract Resources Under A$9 - Southern Cross


2328 GMT [Dow Jones] Extract Resources (EXT.AU) could double in price over the next 4 years as it heads toward first production, says Southern Cross Equities. "EXT will become a world leader in pure play uranium," says broker. "We would be surprised if it remained an independent company, because tier 1 assets eventually find their way to their natural owner. In this case, that means a global resource major." Recommends buying Extract Resources under A$9.00. Last up 5% at A$8.89. ([email protected])

This just flash past. Maybe has something to do with the SP. :)