Saying not to compare EXT to the U sector is like trying to say not to compare FMG with the Iron Ore sector. One must always compare apples with apples.
I agree that as far as size of deposit is concerned EXT is a stand out company but it is a Uranium company in the U sector and If the U sector is out of favour then EXT will lag as well as the rest.
When Uranium becomes a focus again EXT will favour very well.
In the meantime it is anyone's guess though.
Don't make the mistake of thinking that the rises of last year will be repeated because they won't. That was a once off instance as EXT's share price had to become a lot more valuable as RIO was positioning itself within the company along with Polo ETC.
That type of buying won't happen again. There will simply be a takeover offer at some stage in the years to come(Possibly)?.
All the best to all of EXT's shareholders.
Happy Australia Day!
EXT Price at posting:
$8.12 Sentiment: Hold Disclosure: Not Held
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