We really need another top 20 release to see who is buying or selling.
I don't think "retail investors have suddenly woken up to the potential of the company". Throughout EXT's history it has been a slow and steady concentration of ownership. The time frames are just too long for retail people, they think in days and weeks, not years.
The next large changes in the share price are likely to be event-driven. We'll have a minor flurry of activity later this week or early next week when the next drill results come out but the resource upgrade in August(?) will be the big event.
They will come out with 550+ and that should take away much of the risk for the big players. The DFS in December(?) will be the final risk-dimisher with an operational cost/lb in the low 20's I think.
EXT Price at posting:
$6.96 Sentiment: Buy Disclosure: Held
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