strategic partnership, page-22

With 11 drill rigs running and only 2 updates released in the last 6 Months it can only mean:

1. The drill are idle
2. The cores are not being sent to the lab
3. The results are being withheld by Management

All of the above are not good for share holders and the likely option is 3.

This lack of flow coinciding with Peter Macs departure is not a coincidence.

Extract has made me a lot of money so I shouldn't complain, but what has been happening is not what I would expect from Extract.

Also, the last time I asked Management about the late results they sent a fairly narky return email about how I should be happy regardless of whether or not they release results.

I am certain that the market is not being informed since PM's departure. Whether it's in my best interest or not.....who knows?