Australian (ASX) Stock Market Forum

DYL - Deep Yellow

Just read the news issued. I'll top up more as the current price seems pretty bargain.

Quoted from DYL's news
"Deep Yellow Limited (DYL) is pleased to announce that it has completed the acquisition of 100% of the private company Superior Uranium Pty Ltd (SUPL) which holds 100% of four granted uranium Exploration Permits (EPMs) and two EPM applications in northwest and north Queensland.
In consideration for the acquisition of SUPL, DYL has issued 20 million fully paid ordinary shares to
the soon to be listed (on ASX) Superior Resources Limited (SRL) a Queensland base metal explorer.
The acquisition also includes SRL’s 10% holding in the five Durong Project EPMs in southwest Queensland, giving DYL 100% ownership of that project area."
 
I hold too Angela,

Hopefully will be a better day. Great prospect long term. We'll need to be patient though.
 
I don't know if I would be too concerned with the 9% reduction in SP in the last two days (though DYL is on slow downwards trend at the moment). Many resource stocks would appear to have taken a hit in the last 2 days. The price drop in base metals would have accounted for most, but U stock sp has also dropped, hopefully sp will raise again by the end if the week.

I am currently not holding DYL stock, sold out some time back, but I am watching to potentially buy back in.


These are personal opinions only, I am not a financial advisor. Individuals should undertake their own investigations before investing in a stock.
 
the thing that concerns me with all the U exploration in Aus and particularly all the feel goods in WA & Qld is, I that doesn't matter a tinker's curse. There is no Aus Industry for U outside the existing policy. GGY sold an asset possibility (not available for development) for $6M and they have been howled down as dumping a growth asset (refer SP). Because of the latest greenhouse WW enlightment, we as investors have a better chance for a policy change. Until there is policy change in Aust , U has no reason to be happy.
Hello Nambia! WMT

DYOR
I have
 
falconx said:
Who here thinks yesterdays drop was due in part to the 20 million shares used to aquire SUPL?

Hi - I am certain this is the major reason for the drop. To make a comparison with take-overs, it's usually the acquiring company's sp that goes down - after all they're spending part of their capital in fact or issue extra shares. I'm sure someone can do the mathematics on DYL and enlighten us.

I still think DYL is one to watch - I hold!

Taurisk
 
Taurisk said:
...I'm sure someone can do the mathematics on DYL and enlighten us.

I do hope someone in the forum hears your prayer.
Although i'm very disappointed with the recent falling sp, I'm certain DYL got the power to recover
 
PhoenixXx said:
I do hope someone in the forum hears your prayer.
Although i'm very disappointed with the recent falling sp, I'm certain DYL got the power to recover

Can your give a clear analysis of what you have said regarding the "power to recover" ? ;)
 
j4mesa said:
Can your give a clear analysis of what you have said regarding the "power to recover" ? ;)
I certainly don't want to be a smart-ass by restating what people have said here. Good arguments have been provided to answer your question. Few clicks and voila :p:
 
j4mesa said:
Hmmm I am interested to know YOUR point of view by saying the "power of recovery" :confused:
j4mesa, I've PMed you regarding this issue.
If your question is directed to certain individuals, please use [PM] instead.
Hope my opinion helps you to acknowledge the potential of DYL.
 
Phoenixxx.....

Don't mean to pick up words with you. Ok ? :) peace !!!

My point over here is if you are so certain about DYL , it would be great if you could share with all of us and back up your opinion with factual information ......that's all !!!

I do apologise for any misunderstanding.........also I answered your PM already :) .
 
Has anyone looked at the drilling results just released? Also they have just announced a discovery at Miranda. Any thoughts or comments?
 
Have been waiting for these (holding both DYL and MRX).
They drilled a couple of prospects - Lochness looks like it was a dud but Miranda appears to be "significant".
The drilling at Miranda was curtailed by the bush fires, so they've got a follow up drilling programme to organise. Good news is that they didn't hit their target depth at Miranda, and still got good results.
 
Has anyone had a chance to evaluate the TOE/ DYL agreement?

Toe doing the work and Dyl to continue explorations.
 
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