DYL - Deep Yellow

[Albi]

Anouncement-DYL find high grade Uranium Min in extension

Hi mates
DYL news is out.
DYL Discovers High-Grade Uranium Mineralisation in Extension. I have pasted the url but dont know how to link it.
There is change in Sp and volume.

http://imagesignal.comsec.com.au/asxdata/20100429/pdf/01058961.pdf

 

[Albi]

Hi,
DYL is moving with a good pace. SP is 22% high. Investor presentation was positive. I am thinking to grab a punt. As buyers' que is much more longer than sellers.

 

[Bigukraine]

Hi,
DYL is moving with a good pace. SP is 22% high. Investor presentation was positive. I am thinking to grab a punt. As buyers' que is much more longer than sellers.

had this one as a buy and on watchlist and after RHM's ave qrtly sold out and threw in a bid @ .215c and got in just before the trade halt re the resource upgrade.... looks like the action should be good upon the resumption of trade....must be one hell of an upgrade to go into trading halt or a good way to avoid a speeding ticket will be looking at DYL like a hawk over the next couple of days.......

 

[Bigukraine]

had this one as a buy and on watchlist and after RHM's ave qrtly sold out and threw in a bid @ .215c and got in just before the trade halt re the resource upgrade.... looks like the action should be good upon the resumption of trade....must be one hell of an upgrade to go into trading halt or a good way to avoid a speeding ticket will be looking at DYL like a hawk over the next couple of days.......

Only 17% up grade so sold out at .23c .... 7% gain in a day will do for now and will keep on watchlist

 

[Albi]

But buyer's que is still long giving good signals. I am a bit confused between EGO and DYL, both are tempting me right now. But cant buy both. I am watching EGO also, if good news( Gas sale contract and high grade finding) come I will jump immidiately as I hope it sp will change quickly and significantly. I am holding DYL currently and have traded. It is trend of fall and rise in DYL.

 

[noirua]

Presentation by Mr Patrick Mutz, MD of Deep Yellow Limited (formerly MD of Uranium Exploration Australia Limited UXA): http://www.deepyellow.com.au/uploads/files/10_36_Video_Presentation_Africa_DownUnder_Conference.pdf

 

[noirua]

Presentation by Mr Patrick Mutz, MD of Deep Yellow Limited (formerly MD of Uranium Exploration Australia Limited UXA): http://www.deepyellow.com.au/uploads/files/10_36_Video_Presentation_Africa_DownUnder_Conference.pdf

It was in fact China West that moved to buy more stock in UXA, moving up to 5.86%, not DYL. A move by them seems less likely now as they would need to make an all out bid in the present situation; unlikely, but a move would need to be fairly quick if made.

 

[noirua]

It was in fact China West that moved to buy more stock in UXA, moving up to 5.86%, not DYL. A move by them seems less likely now as they would need to make an all out bid in the present situation; unlikely, but a move would need to be fairly quick if made.

Deep Yellow have risen to close at over 30c a share after just 12c earlier in the year. Their leaching process is going well and the near 30% rise in uranium prices have set-up prospects.

 

[polska]

I am liking this stock very much, some high grade results today and the are back to 0.29c, I think a 0.40-0.45 short term target is realistic and the 20% holding by paladin always adds that possibility of a takeover

 

[tronic72]

I am liking this stock very much, some high grade results today and the are back to 0.29c, I think a 0.40-0.45 short term target is realistic and the 20% holding by paladin always adds that possibility of a takeover

I look at Paladin more as a backer than take over. DYL will need backers if they want to go into production. Also the majority of shareholders are the directors so 20% isn't a majority share. Either way you look at it, it's good to have PDN as a large stake holder.

I also like DYL. Reminds me of EXT a few years ago which was trading at similar prices. Also nice to see very small volumes on DYL which I take to mean that very few sellers want to part with their DYL shares.

Looking at big gains on DYL in the first quarter. Resistance at .32 over the last week.

My 2c

 

[noirua]

The Tubas Alaskite Project in Alaskite Valley, Namibia is the key to future profits for Deep Yellow. With the uranium price hitting US$62.50, an increase of 40% in three months, is likely to greatly increase profits for the company.
Interest may well come from China, India, South Korea or Japan.

 

[tronic72]

The below article points to a marked shift in Nuclear thinking in the US. I'd be very surprised if the US doesn't look at building new reactors this year. It's been about 40 years since the last one was built.

China & India want to double the amount of Reactors in the future. Ironically, the west are lagging behind.

"Uranium Mill Moves Forward in Rural Colorado" http://online.wsj.com/article/SB10001424052748703730704576066021754929908.html?mod=googlenews_wsj

Over a 2 billion Chinese and Indians will soon want ipods. LCD TVs, ipads .....Interesting times. With Oil quickly drying up, the world will have to change it's thinking, quickly.

My2c

 

[tronic72]

Deep Yellow Limited (ASXYL) Receives Positive Interim Pre-Feasibility Results For Omahola Project In Namibia

http://www.tradingmarkets.com/news/...ity-results-for-omahola-project--1411104.html

"SNCL has estimated operating costs should range from US$24.90 to US$25.30 per pound U3O8 including the cost of iron recovery. "

 

[noirua]

Deep Yellow Limited (ASXYL) Receives Positive Interim Pre-Feasibility Results For Omahola Project In Namibia

http://www.tradingmarkets.com/news/...ity-results-for-omahola-project--1411104.html

"SNCL has estimated operating costs should range from US$24.90 to US$25.30 per pound U3O8 including the cost of iron recovery. "

All looks well for this first mine which is expected to be one of many. Early days still for Deep Yellow but at least Namibia likes to see mines developed quickly.

 

[noirua]

All looks well for this first mine which is expected to be one of many. Early days still for Deep Yellow but at least Namibia likes to see mines developed quickly.

The uranium price moved up to US$68 per lb from US$66.50. Every move raises profits at DYL's new mine in Namibia. Plans are for the first mine to produce 1,000 tonnes per annum of uranium at a cost of about US$25 per lb.

 

[tronic72]

Re: DYL - Deep Yellow - change in MD

The uranium price moved up to US$68 per lb from US$66.50. Every move raises profits at DYL's new mine in Namibia. Plans are for the first mine to produce 1,000 tonnes per annum of uranium at a cost of about US$25 per lb.

Weekly spot price as of today is up to $70. http://www.uxc.com/review/uxc_Prices.aspx

MD Patrick Mutz has resigned (12th January) http://www.deepyellow.com.au/download-354.html

 

[noirua]

Re: DYL - Deep Yellow - change in MD

Weekly spot price as of today is up to $70. http://www.uxc.com/review/uxc_Prices.aspx

MD Patrick Mutz has resigned (12th January) http://www.deepyellow.com.au/download-354.html

Time goes on and everything goes well for Deep Yellow on upgrades recently. Working out the eventual profitability on mines that only produce for 8 years or so is difficult, especially as it points to a chain of mines and uncertainty.

 

[tronic72]

Re: DYL - Deep Yellow - change in MD

Time goes on and everything goes well for Deep Yellow on upgrades recently. Working out the eventual profitability on mines that only produce for 8 years or so is difficult, especially as it points to a chain of mines and uncertainty.

It's waiting Game. Spot price is up to $75 which is good news. Many analysts are predicting it will break $100 in 2011 which is good but another bubble isn't good. New discoveries add to the life of the mine or the profitability or both.

Greg Cochran, the new MD, recently pointed out an important piece of information. They have results for 400 holes but there are another 400 still to come. Each positive result adds to the mines viability.

 

[noirua]

Re: DYL - Deep Yellow - change in MD

It's waiting Game. Spot price is up to $75 which is good news. Many analysts are predicting it will break $100 in 2011 which is good but another bubble isn't good. New discoveries add to the life of the mine or the profitability or both.
Greg Cochran, the new MD, recently pointed out an important piece of information. They have results for 400 holes but there are another 400 still to come. Each positive result adds to the mines viability.

Much has happenned since February last as the uranium bull crumbled a month later. Now rated number one uranium recovery stock and led the field yesterday up 28%.

 

[noirua]

Bombed out are Deep Yellow Limited as their main aim is Uranium production. Uranium price is stuck at just over US$50 a lb and that equals little profit for DYL. If the uranium price rushes on up then DYL are a stock to buy, there lies the big gamble, it could go down further.