DYL - Deep Yellow

[Eddyl]

Paladin owns 159,058,461 shares in Deep Yellow Ltd
(14.34% interest) with a market value of US$39.2 million.

They're not selling the shares and they're not buying anymore at the moment??

I wonder what Paladin will do with DYL???

Do you think Paladin would buy DYL. Alot of DYL's board used to work for Paladin, and we all know how this affects executives decisions. Just look at the SGB and WBC merger.
On a brighter note, I like this company, because it has been quite innovative on its approach to uranium. There are some doubts over being able to mine in Australia, so its Namibian arm really seems to be ramping up with encouraging results. I envisage a take over by a company, to capitalise on its extensive tenaments, with burgeoning global demand for Uranium.

 

[Eddyl]

Up over 15 percent today. The uranium market seems pretty hot today in general.
I could have something to do with PDN having such a large stake in the company. But I suspect that uranium stocks are coming back in favour after last years correction, and this company definately has great fundamentals. Good acquire and hold stock

 

[doyoureallycare]

36c today, volume on the up. whats comming? who's buying??
Uranium prices are still low right? What happens when it goes to $150/lb

 

[Eddyl]

http://imagesignal.comsec.com.au/asxdata/20080529/pdf/00846361.pdf

Great news. As I have always said this company has a great senior management. Lots of experience in recognising potential. This phosphate discovery should spark some interest with current world prices, and the closeness of Mt Isa to developed infrastructure.

 

[doyoureallycare]

Out of todays announcement.

Other Minerals

Although DYL has a stated objective of being a uranium company only, in addition to the right to
uranium on its extensive 100% held tenement holdings in Australia and Namibia, DYL also has the
right to other minerals and it will periodically happen that it either locates other minerals on its
tenements or is approached by other parties interested in such mineral potential. The DYL board
will assess these situations as they may occur.

 

[Eddyl]

Out of todays announcement.

Other Minerals

Although DYL has a stated objective of being a uranium company only, in addition to the right to
uranium on its extensive 100% held tenement holdings in Australia and Namibia, DYL also has the
right to other minerals and it will periodically happen that it either locates other minerals on its
tenements or is approached by other parties interested in such mineral potential. The DYL board
will assess these situations as they may occur.

It has the right to mine other minerals if found on its tennements. I believe they have found some very prospective phosphate resources from drilling. Currently Phosphate, or as people on this forum call it: 'poo', is trading at all time highs.
The Phosphate mineralisation is the in the beetle creek style, which was historically a very large deposit. Should be some interest from other companies to purchase the land, and perhaps enter into a JV in the style of their current TOE JV.
This can only bring about good, because I'm sure that DYL would be happy to relinquinsh 100% of the project depending on the amount of phosphate in the deposit.

 

[Eddyl]

I'm really surprised that this company hasn't generated more interest of late with the slew of good announcements. Very promising results from their drilling in namibia. The benefit of this venture is that they do not have to contend with the political debate which currently exists around Uranium mining in Australia.

 

[alf_ber]

are there any news about DYL ????? the market tumbles and DYL is 17% up at 46mil volume.

 

[Black Range]

Paladin Energy Ltd: Acquisition of Shares in Deep Yellow Ltd.

Press Release
Source: Paladin Energy Ltd
Thursday September 18

PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 18, 2008) - Paladin Energy Ltd ("Paladin" or "the Company") advises that today it has acquired 44,700,000 shares in Deep Yellow Ltd (DYL - News; Deep Yellow) taking its investment in this company from 15.3% to 19.29%.

Paladin recognises the extensive tenement position of Deep Yellow and Deep Yellow's strong uranium management and exploration team. The acquisition of the additional Deep Yellow shares is a strategic investment for Paladin.

Paladin looks forward to continuing to be a supportive shareholder of Deep Yellow. Information on Deep Yellow can be found at www.deepyellow.com.au.

http://biz.yahoo.com/ccn/080918/200809180486576001.html?.v=1
.
.
Cheers to all PDN/DYL/BLR Longs
.
Long Term Holdings PDN AGS DYL BLR PNA SNU & TSX Listed MGA
.
.
.

 

[doyoureallycare]

i think paladin may have bought more today and if so when will thet stop? maybe a takeover is on the cards?

 

[Sean K]

:whip

This little puppy is copping a hiding.

I thought the FSN T/O by PDN might have shone some light on this, but nup. Still well and truly in the sin bin.

DYL should survive this with $20m or so in the kitty.

Surely PDN might as well pick them up and control just about every piece of nuclear fuelled dirt in QLD...

From last pres:

• Current cash and liquid assets +A$50 million
• Listed in Australia on ASX and in Namibia on NSX
• Top 10 shareholders hold ~47% (Paladin Energy largest at 19.29%)
• Present Management in place since October 2005
• Technically strong pure Uranium Company operating in Australia and
Namibia
• 2007 Tubas JORC Code inferred resource of 17,600 t (38 million lbs)
U3O8 at 228 ppm within 15 metre of surface – Carnotite – Free Digging?
• Tumas data delivered to Hellman and Schofield. 2,298 holes totalling
27,382 metre in JORC Code study area. Expected completion of study
late 2008 / early 2009.
• In 2008 ~12,000 metre drilling per month (~70% JORC orientated)

Perhaps that support at .10c will hold. ....

 

[Sean K]

Not too sure about how the directors deserve these less than incentive options though....


Following shareholder approval received at the Company’s Annual General Meeting held on 19 November 2008, the Company has issued 6,100,000 unlisted options to Directors of the Company as follows:

• Dr Leon Pretorius, Managing Director – 4,300,000 unlisted options; and
• Mr Martin Kavanagh, Executive Director – 1,800,000 unlisted options.

Details of the option terms are set out below:
• The options are exercisable on or before 30 June 2011 and at an exercise price of 27.5 cents; and
• 50% of options issued to each director will vest on date of issue; and
• 50% of options issued to each director on 1 July 2010.


The company sp was at 27 ish cents only 3 mths ago. So what the management are saying is that the MD has 2 and a half years to get the stock back to where it was less than a quarter ago to be in the money.

WTF!!!

How do these people get away with this criminal activity.

Cripes, look at all these other unlisted options:

3,000,000
31/12/08 at 21.1c
2,000,000
31/12/08 at 31.1c
16,000,000
30/11/09 at 55.1
2,912,500
31/12/09 at 44.6c
2,812,500
31/12/10 at 59.6c
787,500
30/06/10 at 64.6c
787,500
30/06/11 at 74.6c
12,500,000
30/11/10 at 59.5c
5,005,000
30/06/11 at 27.5c
5,005,000
30/06/11 at 40c
3,820,000
30/06//11 at 45c
3,820,000
30/06/11 at 60c
1,375,000
30/06/11 at 27.5c
3,675,000
31/12/11 at 27.5 c
6,100,000
30/06/11 at 27.5 c

 

[diliff]

Uranium miners were in the news today regarding a boom in spot prices recently that have seen them hit six month highs. I see DYL rose 27% yesterday, but still, it has been well and truly battered and is still, even after the rise, down 43% since 6 months ago. Is there any reason for the stock underperforming? Is it not able to get enough ore to sale?

 

[Sean K]

Those rediculously priced options could already be in the money soon. Unbelievable.

How do shareholders let companies get away with this, and how do Directors sleep at night?

Perhaps that support at .10c will hold. ....

Some odd movement at the station here. Perhaps the Colt from Old Regret is bolting after a prod in the hole by the old stallion Paladan?

 

[jetblack]

Dusting off the cobwebs on this.....

... Recent announcement is definitely a case of mkt lag,,, this will be re-rated, the grades from the site are outstanding,,,

.....I better put this thread back , dont want anyone else to know.

 

[prawn_86]

Dusting off the cobwebs on this.....

... Recent announcement is definitely a case of mkt lag,,, this will be re-rated, the grades from the site are outstanding,,,

.....I better put this thread back , dont want anyone else to know.

Very deep if you ask me. It would have to be a hell of a deposit for it to be mined at 200m deep... Too early to tell for that particular project

 

[noirua]

Quite a jump of over 5% by Deep Yellow following the JORC statement: http://www.asx.com.au/asxpdf/20090907/pdf/31kl6jq23lpl9n.pdf

 

[Spliff James]

anyone got recent thoughts on this? a new exploration report due to be released next week... not sure what to expect, but keeping a close eye on it.








.....................................................................................................
Spliff James

 

[jtmlee]

We are expecting a JORC upgrade to include the INCA drill results that were not included in the last quarter

 

[JonathonF]

Hi everyone, I'm quite new to the share market - in truth, i dont hold any stocks yet, just paper trading. Just wondering what the results from yesterday's announcement mean? What will be the likely outlook for the sp within the next month OR, has that already been factored into the current sp as at .235???