EXT 11.1% 0.8¢ excite technology services ltd

resource estimate upgraded to 413 mlb, page-2

  1. 798 Posts.
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    The resource estimate upgrade to 413 Mlb means that the share price is now US$4.58 per lb. This seems to be quite low compared to the usual price of between US$5 and US$6 per lb (equivalent to a share price of between A$9 and A$11).



    My other favourite graph is also updated below to take into account the new resource estimate. It also shows the share price is on the low side when looking at US$ per lb.



    Only 65 Mlb more until we reach our low target!
 
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