DYL - Deep Yellow
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Sean K
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I'd expect it to hold above 42 cents. If it breaks that, next stop 35. Thenjames888 said:
Won't be trending up again until it clears about 49 cents IMO.
Fundamentally, it's an explorer on some fertile land. Could end up a has been unless it plucks a significant JORC out of the bag on one of it's tenaments and gets a PFS and BFS organised. This could take years. Or, maybe it'll be taken over by someone....
What are your thoughts?
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kennas said:I'd expect it to hold above 42 cents. If it breaks that, next stop 35. Then
Won't be trending up again until it clears about 49 cents IMO.
Fundamentally, it's an explorer on some fertile land. Could end up a has been unless it plucks a significant JORC out of the bag on one of it's tenaments and gets a PFS and BFS organised. This could take years. Or, maybe it'll be taken over by someone....
What are your thoughts?
Hrmmm.... fundamentally, cash backing = 2.6 cents or $26 Mil at Dec 06, market cap @ 400 Mil, great tenement holdings one JORC resource now farmed out to TOE but no real standout resource in their pocket........ So, on the face of it, I would say ?????????? Whaaaaaaaa.....
However, they have significant ties to PDN and the relationship could become what Hardman - WPL's relationship was back a couple of years ago..... Given the hype still surrounding Uranium, it probably won't crash.....
T/A wise, around 42 cents should hold otherwise as you say Kennas, we will see this one fall back rapidly to the 36 barrier. But I think it's going to take a lot to break the 60 cent barrier to move the thing back on its way.
Personally, I wouldn't be touching this one at this stage in the game..... good JORC resource however, and the ball game could change.
Cheers
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kennas said:
I agree with Reece - there are so many factors to consider - PDN's 11.9%involvement, the upcoming Labor reassessment and the fact that Beattie will follow the party line in Qld, plus the fact that it is not one-dimensional in its prospects (there's NT, QLD and Namibia).
I'm holding for the long term - albeit speculatively (is that a contradiction in terms?)
What's everyones opinion on todays ann?? Can someone please summarise it I am having some problems with acrobat atm and cant access it.
Everyone was getting smashed today so i couldn't really tell what the market made of it. It recovered fairly well, hopefully continues to recover tommorow. If not ill just have to get some more... Strong buy below 40 imo..
Everyone was getting smashed today so i couldn't really tell what the market made of it. It recovered fairly well, hopefully continues to recover tommorow. If not ill just have to get some more...
Strong buy below 40 imo.. - Joined
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nizar said:
Standard and Poors Announces March Quarterly Rebalance, DYL is in ASX300, that will be good for DYL,
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Also interesting to note today the rejection of PDN's takeover attempt of SMM.
SMM quote the Mt Isa region as being highly prospective. Nice to have DYL operating in this region via the MRX JV.
SMM quote the Mt Isa region as being highly prospective. Nice to have DYL operating in this region via the MRX JV.
falconx said:What's everyones opinion on todays ann?? Can someone please summarise it I am having some problems with acrobat atm and cant access it.
Everyone was getting smashed today so i couldn't really tell what the market made of it. It recovered fairly well, hopefully continues to recover tommorow. If not ill just have to get some more...
Hey Falconx, you still think this is a good buy? It's well below 40c mark now.
I originally got in at 30c and have been watching wanting to accumulate.
Could be a good time, if it bounces back.
JWBH01 said:
If you are holding long then it might be a good time sometime this week, I'm just waiting for the dust to settle a bit.To be honest I thought it would've found a bit more support around 36 cents but I'm not losing sleep over it, its just a question of time before it starts heading up again imho.
PDN fell 15% today so I guess DYL could've potentially followed suit, I'll be quite surprised if it falls below 30 cents. Just wondering if I should accumulate dyl or buy PDN if it goes sub $7. Hard to decide maybe I should just flip a coin...
falconx said:If you are holding long then it might be a good time sometime this week, I'm just waiting for the dust to settle a bit.To be honest I thought it would've found a bit more support around 36 cents but I'm not losing sleep over it, its just a question of time before it starts heading up again imho.
PDN fell 15% today so I guess DYL could've potentially followed suit, I'll be quite surprised if it falls below 30 cents. Just wondering if I should accumulate dyl or buy PDN if it goes sub $7. Hard to decide maybe I should just flip a coin...
I am looking at PDN myself but I wasn't going to wait until it goes sub $7. I'm quite surprised it has taken such a hard hit.
Surely, DYL has the potential for greater gains given it's lower SP.
Serpie said:
It also has areas that it got from Superior recently so it will be a significant player in Mt. Isa. Don't forget Namibia though - that is the region they have the interesting (for me) tenements in - 18,000 mt of 1970s and 1980s estimates - what will that turn into (this year) using modern exploration techniques?
Unless the U stocks were hugely overvalued to start with it makes no sense for them to be dropping down along with all the others - U price went up $10 last month to $85 and the systematic supply/demand problems that U has will not be sorted for years and years - plus global warming and using U as a green fuel is gathering momentum.....
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Field work has started. Announcement out today. It's all go in Namibia.
Good old Dr Leon has thrown the shareholders a life line in their time of need. Got to rate that!
Good old Dr Leon has thrown the shareholders a life line in their time of need. Got to rate that!
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DYL is moving substantially today and I can't see any ann released today. Can anybody fill me in?
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SP now up 11% on volume.
What's the buzz? Have I missed some news - or upcoming ann?
What's the buzz? Have I missed some news - or upcoming ann?
Sean K
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IMO todays rise was due to people anticipating positive news from tommorows U conference. Dr Leon's speach is at 9:35AM entitled, "Deep Yellow - a true uranium company". Does anyone know if it will be broadcast or recorded and uploaded somewhere on the web? I would be interested to hear what he had to say.
Sean K
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Nice finish on day high 42 cents. Up 15%. Couple of large late orders. My target is just under next major resistance (IMO) at about 47ish, depending on market conditions and any announcements. Stop just under lower support line at 34 cents. So, just a short term chart trade really.kennas said:
Unusual. Are any results due? It's got a few things brewing now.
