EXT 12.5% 0.9¢ excite technology services ltd

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  1. 3,704 Posts.
    Hi Fireblade,

    No, sorry, I don't have any financial details about Niger U except to say that people like Stalker would have walked away from the Uramin sale with some pretty full pockets.

    I have thought that Stalker and crew may be giving the impression that their aim is to "take-over" EXT when in fact they may only be wanting to ride the coming wave if/when RIO opens public discussions.

    If/when RIO bring all this out into open (as I am sure it is being discussed behind closed doors right and has been for about 12 months already) KAH's 36% holding in EXT will dramatically raise the value of KAH.

    Maybe Stalker is just looking at making some bucks in that way.

    Then again, I think he has taken a very large chunk of KAH and could well be buying more. That is more the actions of a person wanting a controlling interest rather than a quick profit.

    As you can see, I am undecided but I am leaning towards the controlling interest scenario be it ever so hard to achieve.

    I think RIO is waiting for more proving up of Rossing South before they commit.
 
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