Going through my graphs I just noticed something interesting. EXT was last as cheap now (US$ per lb) on 28 May 09 when they announced a large batch of drilling results that massively upgraded the resource size. We are also as cheap now as on 19 Mar 09. Data is as follows:
Date Closing Price Resource AUD:USD US$ per lb
2 Feb 10 $7.33 427Mlb $0.8845 $3.69
28 May 09 $4.96 257Mlb $0.7854 $3.51
19 Mar 09 $3.05 133Mlb $0.6623 $3.51
Graph:
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Going through my graphs I just noticed something interesting....
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