With all this talk of a Partnership with Rio going on I am trying to see where the real upside is,I would consider myself a reasonably long term holder about 2.5 years and at this point say Rio do achieve an agreement with EXT would it be per processed LB that EXT recieves a percentage and so in turn over time this will either give EXT funds to 1.continue exploration, 2,put towards thier own capital infrastructure which would eventually cut Rio's lunch(unless zone 1 & maybe 2 is all that's agreed upon) 3,or pay some form of dividen,
For some time i have thought that Kalahari would not agree to any deal unless thier was a liberal serve of Cream on top so where is the cream? Would Rio be so generous as to offer us shares on some kind of proportionate basis? i dont think so because this would be too much like a takeover, I would very much appreciate some opinions from those that are far more experienced than myself,
Cattledog
EXT Price at posting:
$9.15 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)