EXT 0.00% 1.2¢ excite technology services ltd

polo now at 10.1%, page-10

  1. 1,169 Posts.
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    n3ss

    I was thinking about this last night PDN raised funds for their plants and take overs but in this case i believe its total different ball game, too many big players
    IMHO rio want the ore for long term return
    polo want returns maybe at a quicker rate.
    I really dont know but will be interesting to see how things turn during the year.
    I'd hate to be trying to trade this gem and be locked out if a trading halt was called
    Marben made a few good points last nite in regards the type of plant/process that may be needed to process ore but in the end that could'nt be more than say 200mil to kick off with.
    The size of this is huge and i believe the offical figures have been very conservative, which in some ways has been a good idea.
    But I believe the big fellas can see the real potential.
 
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