EXT 12.5% 0.9¢ excite technology services ltd

mc = $10 per z1lb, page-2

  1. 224 Posts.
    Well we have 145 million Z1 pounds and
    25 million pounds Ada Dome
    Total 170 million pounds

    Around 230 million diluted shares (from memory)

    1 US$ = 1.25 AUD

    230 * 6.3/1.25 = 1,159.2 million US Market cap

    1,159.2 million US Market cap/ 170 million pounds U308
    = US$ 6.81 per pound U308

    However, we are expecting a Zone 2 resource of around 100 million pounds and thats not taking into account Zone 3 and the other property prospects




 
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