EXT 0.00% 1.1¢ excite technology services ltd

over ripe valencia, page-37

  1. 676 Posts.
    Harlee
    can't believe there are still comments re: technical aspects of mining & STILL comments suggesting U3O8 mineralisation (in the Rossing-type prospects) is not near surface...
    As you had to restate, geotechnically it's not difficult (take a peak over at Rossing), & reports state mineralisation at several prospects is from surface (including the weathering profile) to depth.
    In the end it's drill the heck out of the prospects, get enough stat data for a resource definition, hand it over to the bean counters & mining engineers - they'll work out a design if the projected returns justify expense... pretty basic stuff - it's financing & corporate shennanigans that makes life difficult.
    EXT have great prospects IMO.
    I got out prior to the consolidation, with an eye to getting back in once the dust has settled. Looking hard at it now.
    cheers
 
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