EXT 5.88% 0.9¢ excite technology services ltd

ext results vs gir, page-9

  1. 412 Posts.
    re: better pr UB, IMO we do need to worry about EXT's poor SP in relation to other junior Ur explorers. The SP directly effects future capital raising. We have already seen EXT having to make a placement at 6.5 cents, which was stupidly low. What happens in 6-12 months time and EXT SP is still languishing in the low to mid teens. Do we see another placement at 6.5 cents?

    In addition to my post this morning... take BMN, only just started drilling with results soon. Market Cap undiluted of ~$140M, fully diluted it is approaching $450M. I would expect the results to be no better or worse than EXT, since they are basically next door to each other. EXT MC fully diluted is ~ $105M

    Yes management are doing ok on the exploration front, but it takes more than that to be a successful company.

    PS. yes I hold other Ur stocks, but IMO EXT has the most potential, and no I am not selling, just frustrated and letting off some steam :)
 
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