Member Info for herb6345789

EEE would have been bust a long time ago were it not for the support of the parent company. As long as they continue to bail it out it should survive. Let's hope the eastern european property market picks up in the new year.

I admire your optimism. I still hold some EEE and agree that there could be tremendous upside if the company survives. We can't just ignore what the last RNS told us though. There is a reasonable chance of losing all the money put into this share. You win some, you lose some : that's the name of the game. I haven't invested what I can't afford to lose. Good luck to you.

Excellent post, you ask really good questions. I wonder where the last loan payment came from too, and also where the next one's coming from. Why didn't they ask for more than a few 100K when they knew they had the loan payment due? They have referred to the first quarter of 2010 in their most recent RNS-but no mention of the loan payment. Isn't that a bit weird? A question I have is why the sp isn't much lower than 2.6p??? The situation looks much worse than it was 1.5p. I'm not deramping-I hope the sp goes up and good luck all.

Their last accounts ( Dec 08 ) show : Cash at Bank & in Hand 6.63 million

so I bet dattels is topping up anyone know if eml have cash to top up their KAH or EXT?

is now the only satelite EXT/KAH company that has not had a placing. What will happen to the sp if they raise more cash to invest more?

but I think will retrace later.

"With 37.36% of KAH they would then be in control." I understand your argument but isn't there an ASX rule preventing them from doing this unless they bid for the whole of EXT?

I've put some money in EML because I believe it's undervalued. Yes, KAH has gone up but it hasn't doubled since I invested in EML and I believe that EML has the potential to much more than double when there's a takeover.

Did you get the decimal point in the right place? "Acquired 0.17% of Extract Resources Limited" from eml website.

I hope you are right but this shows much lower values. http://www.freesharedata.com/eml

There is hope of cdn takeover and cash to prl.

you need to register to see bb's I think Fordtin's table shows current value of PRL's ext holdings as £80.24m ; CDN 31m ; GCM 12m. Total value including all holdings, load notes jv with peabody : £175m or 7.09p a share.

analysis of prl's holdings here http://www.advfn.com/cmn/fbb/thread.php3?id=18918136

I'm staying in eml waiting for some action! But it looks as if the sp will stay more or less where it is until there is more news. I might buy some more on dips.

We've had the resource update and so far it hasn't had much effect on the sp, which is still where it was at the end of February. I agree that eml will always be at a discount to ext. I think the company expenses were in the region of over £1m a year but I can't be bothered to look up the exact amount-it's on the website. If there isn't a take over there could be a placing.

just like prl, isn't it. up and down around the same level without any connection to ext/kah sprices. Better to think longer term and igore daily antics. Key point is low cost of mining rather than number of millions of pounds of resource.

http://www.fool.co.uk/news/investing/company-comment/2009/07/15/uranium-shares-at-double-the-discount.aspx

Congratulations on doing such a good job of winding everyone up.

posted on iii by VRS http://www.uraniumseek.com/news/UraniumSeek/1245992854.php