EXT 12.5% 0.9¢ excite technology services ltd

Jongo,As far as a further scoping study is concerned I would...

  1. 3,704 Posts.
    Jongo,

    As far as a further scoping study is concerned I would guess that you would see something mentioned in one of the announcements about GRD Minproc being commissioned once again. That hasn't happened yet.

    As far as the 100 metres goes I am guessing that it is the usual practice of EXT to manage expectations. Their reports are usually bereft of adjectives. They tend to avoid using terms which could lead to readers having an inflated expectation.

    I like this practice. Over time it leads to the market trusting the company and then when they actually do use an adjective like "spectacular" or "excellent" then it has a much greater effect.

    I also suspect that since the drilling is still open in all directions that the resource(s) they prefer to report will be wide and long and remain open at depth.
 
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