EXT 0.00% 1.2¢ excite technology services ltd

valuation for ext - no takeover, page-6

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    I think some are a bit enthusiastic for drill results. They actually have been released on average every six weeks, not every four (nor monthly). For example, for 2009-10:

    30 Jan 09 50 days since previous release on 11 Dec 08
    25 Feb 09 26 days
    27 Mar 09 30 days
    27 Apr 09 31 days
    28 May 09 31 days
    31 Aug 09 95 days
    9 Oct 09 39 days
    18 Nov 09 40 days
    11 Jan 10 54 days
    18 Feb 10 38 days

    Average: 43.4 days or 6.2 weeks

    Anyway, who would want to have results released just before a major public holiday when no-one is watching? Far preferable to have them released after the Easter break.

    Also, with more drill results it takes even more time to collate, check and print the data. There are few staff so it takes time.
 
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