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simrose

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  1. simrose

    EXT

    More news. Uranium Spot Market Quiet As China Hints At Revolutionary Advancements. http://uraniuminvestingnews.com/6232/urani...vancements.html Steve this story was released the day before, the people in the know, say it will be years before this will be safe & viable. BeerBaron you have confirmed what I have been saying the use of spent fuel, and the neutrons creating Plasma Technologies are a long way off being perfected. Cheers. Simmo.
  2. simrose

    BDR

    Hi all. Tropicana discovery confirmed. Announcement on the following link. http://www.aspectfinancial.com.au/docserve...ZGVsYXllZC5qc3A Cheers. Simmo.
  3. simrose

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    Some more news from China about their breakthrough regarding the use of spent fuel rods. And I read in this announcement that China will progress to producing not ,40 TO 80 GIGAWATTS Now 112 GIGAWATTS, every press release from China changes, like the wind changes direction. Also in this release they mention neutrons producing power in about 2040, with the French leading the way. The Documentary I watched on T.V the other night called."" CAN WE MAKE A STAR ON EARTH"" showed the Americans pretty well advanced, and the process is about Neutrons creating Plasma and to hold that just like the Sun has to in creating the said power, they have built their plant in the Desert, for safety reasons. The american experts have all different time frames in getting this process to work, saying anytime from 2025 THROUGH to 2055. The Sth Koreans have constructed their plant in a main city and have advanced their Process by freezing the underside of the plant and have held the power for a lot longer, they are confident of having this process going by roughly 2025. I can recall now that this show was made in conjunction with the Discovery Channel, so it should be not to hard to find, and suggest all should have a look. The reason I mentioned the above is that the experts are saying that the Chinese will have to erect a plant, somewhere remote because of safety reasons to refine their process of refining the spent fuel. Enough rambling on from me, Here is the link. http://au.news.yahoo.com/thewest/a/-/world...nergy-security/ Cheers. Simmo.
  4. simrose

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    Hi all. Some news on the following link in regards to power being supplied for the Orongo region in Namibia. http://www.africanbusinessreview.co.za/tag...mand-boost-nami Cheers. Simmo.
  5. simrose

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    Steve. A very interesting report, Palladin looked at making a T/O a couple of times but the S/P ran to high on other T/O speculation. I am impressed with Borshoffs STATEMENT. There is a tremendous Capital imbalance between what is in a Nuclear Reactor and what is in the mining, and so there is enormous dependency,"Borshoff says." I gave a talk once and tried to describe how strategic Uranium Mines are, and I made everyone visualise an 800Ib Gorilla, that is the high end of the Nuclear fleet. But if youvè got a fist around it`s nuts, that Gorilla will follow you, and the mining side plays it`s part. Borshoffs Palladin is not the 800 Ilb Gorilla yet, they may have roughly 540 Million Ilb in the ground, but what I have read regarding the Canadian purchase, they may have trouble mining that resource for a long while yet, the one thing that makes"" EXT very different"" PDN if they get to produce from their U ranium mines, in AUS, CANADA, besides producing in Namibia ,and Malawi, the overall Capex to run all these mines will be enormous , the difference being, EXT will only most likely have to build the one Plant, and which has been stated will Produce 14.8 Million Ibs P/A. And some analysts have stated that if the resourse keeps growing at the pace that it is, we could produce up to 20 Million Ib P/A, now that is what I call a Gorilla. And at the present moment we have control of our own Nuts, bis all this, we have to get our mining license to proceed. After reading all that is going on in Namibia at the moment, I do not see much of a problem. Thanks again steve. Cheers. Simmo.
  6. simrose

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    Steve. The news from China is a good one, in the sense that if they have perfected the use of spent fuel rods and or waste, that will eliminate the storing of waste into the future, that will IMHO get more people onside for the use of Nuclear Power. The story contradicts itself in what has already been stated by the Chinese in that they will have 70 GW of power by 2020, and have recently stated that they may proceed with construction of Nuclear P/S to the effect of producing 90 GW of power in the same time frame. Not 40 GW and as the story says now maybe 80GW. My self I would take the story very lightly with the statement that they the Chinese will have enough Uranium now with this new process to last them 3,000 years . They are in a process only, of trying to con the market to start selling Uranium a lot cheaper, they will stay out of the process of buying for a while because they have stockpiled a large amount of U in the hope that it will drive down prices. I watched a show on SBS TWO tonight, Titled - Can we make a star on Earth, very interesting indeed it was about Fusion It is worth a watch. Cheers. Simmo.
  7. simrose

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    CLIFFJK. It is a Fund that only buys shares in Uranium companies. They have also been buying Cameco, and uranium 1 shares. It was set up for that purpose only,thats not to say at a later date, they may buy into other Metals, if the law or the constitution of the fund allows. That`s the best I can explain , somebody else may have a better discription? Cheers. Simmo.
  8. simrose

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    Hi All. I would like to thank (DaLatta) from H/C for this Post. And still the ETF continues to buy shares @ the same rate. EXT +44,550 Shares now 683,100. KAH +113,850 Shares now 1,739,700. The ETF would appear to be buying the same amount of shares every 5-7 days? Possibly they are buying a set amount everyday. Net assets now US$138 Million as of the 29th of Dec. Also the total short positions has plummeted to 265k indicating the shorts have given up. Cheers. Simmo.
  9. simrose

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    Hi All. More news on Uranium. URANIUM`S SECRET COMEBACK. WHY RIGHT NOW IS THE TIME TO AQUIRE URANIUM ASSETS. http://www.wealthdaily.com/articles/uraniu...t-comeback/2900 Cheers. Simmo.
  10. simrose

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    W.A. Premier Mr Colin Barnett calls for Australia to start planning for Nuclear Power. http://www.theaustralian.com.au/news/natio...f-1225976832741 Also congratulations Mark, on your Ashes Win, your team is just to good at the moment. Cheers. Simmo.
  11. simrose

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    Some more news on new Nuclear Power Stations to be built. Japan beats South Korea. http://www.businessweek.com/news/2010-12-2...lear-plant.html Uranium prices to rise in 2011 http://www.commodityonline.com/news/Uraniu...-34912-3-1.html Cheers. Simmo.
  12. simrose

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    Hi all A notice of a general meeting for EXT S/Hs. And I read the issue of these shares to Kalahari, will be exclusive of the annual issue of 15% ,so it wont be long before we have a capital raising for the development of Husab. Have a very merry XMAS and a even better new year to all. Cheers . Simmo. http://www.aspectfinancial.com.au/docserve...ZGVsYXllZC5qc3A=
  13. simrose

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    Hi All Here is more news on Rios intended T/O of Riversdale. Looks like if Rio want Rivs, they are going to have to pay $20 P/s not $16, this is from s/hs which hold over 50%. There is more in the following link. http://www.theaustralian.com.au/business/r...x-1225975178947 This is what we need to happen with our largest s/hs, if Rio make a offer, ist Rio are going to have to make a move shortly, with production & Resource downgrades from Rossing & Ranger they will have to buy more on the spot market to fulfil their contractual obligations. Cheers. Simmo.
  14. simrose

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    Drag. I agree the offer is cheap, ist analysts say there is a good chance that a counterbidder might emerge. Xstrata, Anglo American & Vale have been touted as such. Rivs largest s/h has touted it may with other Indian companies, that they make a offer. There is a lot more in the following link to say that it will not be easy for RIO to suceed wit its bid. If RIO were to make a bid for EXT, make no mistake it would not be the only bid IMHO, bist IHB that Rio will, with Chinese backing suceed in getting EXT. http://www.theaustralian.com.au/business/r...x-1225974690999 Cheers. Simmo.
  15. simrose

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    The Release of Drilling results. Hi Peter. Thank you for your Email. Siobhan Lancaster is the Investor Relations Manager for the Company, but also receives assistance from me. Prior to the 10th August, Rossing South Resource Update ASX release, the Company tended to complete a technical drilling update release on an approximate 4 – 6 weekly basis. However, since the release of the resource update confirming the Company had the 5th largest uranium deposit in the world, the materiality of the drilling updates has declined. The Company continues to complete significant drilling on site aimed at forming the basis of a Q1, 2011 resource update. EXT will continue to produce project updates, but on a less frequent basis as the focus remains on making the transition from successful explorer to development of a world class uranium mine at the Husab Uranium Project. Best regards, Andrew From: Melissa Stovold Sent: Monday, 6 December 2010 9:00 AM To: Andrew Penkethman Subject: FW: release of drilling results FYI
  16. simrose

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    Hi all. I have emailed the company and requested if they intend to release any drill results before Xmas, or if when they roughly intend to. The reason I stated roughly is, I thought I read somewhere that no more results will be released until the DFS is completed & released. Cheers. Simmo.
  17. simrose

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    Hi Steve. Street Talk have got it wrong as far as I am concerned. IMHO the reason the S/P has moved &adding 37% as he or she states, is the continual rise in the price of Uranium, which has nearly risen 50% in the last 6 months, and also the Brokerage Reports which EXT are getting, and which in my mind is well overdue. I also believe that Rio will not get mining approval for the Heap Leach Ranger Deeps underground Projects. With Cameco being knocked back recently near Alice Springs, and the sensitivity with projects anywhere near Kakadu, let alone being surrounded by Kakadu I believe the odds for them to get this project off the ground are about Zero. The Traditional Owners do not want it to proceed. Also Rio states on its Web Site. Rossing Uranium; a pilot Project for a Heap Leach Facility is in progress which together with proposed improvements to the Plant will significantly increase capacity. There are also a number of resources surrounding the Rossing Deposit which may provide expansion Opportunities in the future. Rio in my mind will make a T/O for EXT after the Feasibility Study is completed, and then only when the Mining License has been granted. It just makes sense that they take us over , they will work together with Itochu, and I believe we will get a fair price. Cheers Simmo.
  18. simrose

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    Hi Fireblade. I like your scenario, Rio script,but the value of our shares would have to be around the $15 mark, for me to jump at the offer. Some more news on the Uranium price. http://uraniuminvestingnews.com/5486/urani...e-climbing.html Cheers. Simmo.
  19. simrose

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    Hi All. Good to hear from you Lordy, I hope your health picks up very soon,keep your chin up mate. It looks as though finally most of the brokerage & researchers are now giving Extract the exposure they deserve, after reading all news Items posted. I contacted The Bull .Com. earlier this year and ask them for there opinion of EXT, and they replied and said they would give a report on EXT, I am still waiting. They give us a slight mention in the following link. http://www.thebull.com.au/articles/a/15367...s-for-2011.html Regards. Simmo.
  20. simrose

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    Matala. You have read my post incorrectly, what I meant was that I have well over a 100,000 shares, and I recieved the letter, my wife only holds a few thousand and she never recieved a letter. Cheers. Simmo.
  21. simrose

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    Hi again. Received a letter off Pattersons Securities Limited, which have now have coverage, and have released a research Report and have a Value of $9.75. I do not think every S/Holder recieved this letter offering the report,( My wife holds she never had this report offered to her) so I think only substaitial holders were offered, aist if any person wants this report here is the info you need to get it emailed to you. Ring this number 0392424102 it is a direct line to Mr Ishan Dantanarayana, he is a Private client Advisor or Email him on idan@psI.com.au Cheers. Simmo.
  22. simrose

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    Hi all. We have someone either getting set to get out, or this person is going to try and get people to sell in front of he or she. This person has put on to sell 21,500 shares @ $8.50,$860,$8.70&$8.80 a total of 86,000 shares. Regards. Simmo.
  23. simrose

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    Hi all. A very interesting read on Superannuation. A will wont allocate your super. http://www.superliving.com.au/StoryView.as...uper+%2D+Extras Cheers Simmo.
  24. simrose

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    PJF. That was the announcement made back in August @ $7 per share. In actual fact their were 18,650,849 shares disposed for the above price = $130,555,943. Cheers. Simmo.
  25. simrose

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    Hi all. I would like to thank you all, for your great news items and Posting and your reasons for the great run in the S/P. Working away for the next 18 months that is why I have thanked you all, only get home on a saturday or sunday, and have to leave for work on a monday morning at 3am. that is why I have not posted for a while. Mark. I posted a couple of months ago stating that Kalahari were shorting EXT and I still believe that to be the case, also along with others. I also stated that Kalahari would at sometime before the DFS, or the raising of funds for the mine would push the S/P back up, and it would be to Kalahari`s benefit to do this as not to dilute the shares to a great degree. Some more Uranium news. Irans Nuclear Ambitions and Uranium Mining. http://uraniuminvestingnews.com/5078/irans...plications.html Cheers. Simmo.
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