When you extract a project you remove the project from the drawing database and are given the opportunity to save the project in an external project file. If you do not save the file in an external project file, the project data will be deleted.
To extract a project from an AutoCAD drawing
If you do not want to save the project information in an external file, choose No to the prompt “Do you want to export the VBA project before removing it?” The project information will be removed from the drawing and will not be saved.