Sean K
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I think you could have waited till the drop dead date dyna.
DYL - Deep Yellow
- Thread starter slimtrader
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I think you could have waited till the drop dead date dyna.
Yeah , that's right .
I've only just remembered ,now. I've done lots of these in the past ( SPP's and share issues ) and none of the late ones were ever knocked back . Scale backs were always a bother, though . Sometimes they only do it to the greedy buggers going for the max and let through the more reasonable amounts. Never happens to the Insto's ,of course. I'm counting on not many shareholders taking on any more risk with a pretty hopelessly managed uranium miner !
I've only just remembered ,now. I've done lots of these in the past ( SPP's and share issues ) and none of the late ones were ever knocked back . Scale backs were always a bother, though . Sometimes they only do it to the greedy buggers going for the max and let through the more reasonable amounts. Never happens to the Insto's ,of course. I'm counting on not many shareholders taking on any more risk with a pretty hopelessly managed uranium miner !
Sean K
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I'm in several minds at the moment. DYL is sitting on incredible resources in the ground ready to be picked up in very friendly jurisdictions, but they're treading water. Rick Rule would be calling this a lifestyle company if it wasn't for JB making him a gazillionaire.
Hah ! SPP closed 5 pm Monday , oversubscribed by $ 15 Mill.
( The $ 30 Mill raising pulled in $ 45 Mill. )
So , scalebacks is the order of the day . Big swinging D's will cop it most , methinks . All will be revealed by next Thursday 18 th .
S.P. closed today at $ 1.42 . ( 20 cents above the $ 1.225 price in the SPP )
Well , that wasn't so painful , after all .
The 30 grand was only lopped off by about $ 750 , to 23, 880 shares at $ 1.225 . Director John Borshoff picked up 17,125 shares in the SPP , taking his holding to about 400 , 000 . S.P trading at $ 1.36 , today .
Financial advice time for any youngster reading my rubbish !
Big advantage in this racket in having a spouse . Just be sure , she ( He ? ) ain't gonna do a runner with your dough . See where I'm going with this ?
You can double up on Everything you do . Beat the tax man while you're at it , too . Holy Matrimony , Batman . Um , for the rest of the time you live in fear , though .
Just don't play up . And obey orders . You'll be fine !
3 more directors picked up extra shares in the SPP at $1.225 ( They somehow wrangled more than John got , too ! )
$ 80 Mill. Second Tranche of the Insto's Placement completed today , as well . ( At the same $ 1.225 price. )
DYL 's S.P. today closed at $ 1.56 , so all's well and everybody 's happy .
Although it's hard ( for me , anyway ) to draw any worthwhile conclusions from what Insto's get up to on the market , for what it's worth , note the following :
Macquarie Group , who are no slouchers when it comes to stock- picking , at the end of last month , passed the 5 % shareholding threshold with over 50 million shares in DYL , so had to report , becoming a "substantial " holder to the ASX.
Looks like they're in profit on this one .
Macquarie Group , who are no slouchers when it comes to stock- picking , at the end of last month , passed the 5 % shareholding threshold with over 50 million shares in DYL , so had to report , becoming a "substantial " holder to the ASX.
Looks like they're in profit on this one .
Sean K
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There's been nothing but positive announcements on the progress of Tumas.
But now.....
And they're 'pleased' to provide the update.
I'm sure the DFS said this was viable at a lower POU.
Maybe they've just been unable to get long term offtakes locked in.
But now.....
And they're 'pleased' to provide the update.
I'm sure the DFS said this was viable at a lower POU.
Maybe they've just been unable to get long term offtakes locked in.
At least John Borschoff 's got skin in the game , still .
In fact a bit more through DYL's no doubt , very generous company Loan Share Plan . Here's his latest disclosure for 12 th December 2024 .
S.P. down 12 % to $ 1.05 on very heavy volume ...10 million !
In fact a bit more through DYL's no doubt , very generous company Loan Share Plan . Here's his latest disclosure for 12 th December 2024 .
S.P. down 12 % to $ 1.05 on very heavy volume ...10 million !
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S.P. still steady at $ 1.32 . Nothing dramatic in today's announcements . Cash flow ? ..... everything's in brackets as usual , so don't ask . DYL's " progressing " , damn it !
Probably need to be an expert to trade this sucker. Just look at that hacksaw chart .
I'm still in green ,so .......there's hope for me , yet .
Probably need to be an expert to trade this sucker. Just look at that hacksaw chart .
I'm still in green ,so .......there's hope for me , yet .
Sean K
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Unfortunately, this is part of URNM which is tanking thanks generally to the POU.
Borshoff said a couple of years ago that $60 was the incentive price to get his projects approved, but then he said he wouldn't get out of bed for $60 POU, or something like that. If that's the case, this is a complete gobbler and should be removed from URNM. Please.
Now that POU has tanked it means that this company as a whole is a turkey draped in pigeon droppings.
I've been following this company for a while but this is the first time I've heard that there were legal claims to set aside their environmental clearances. This is the fifth challenge. If this is the fifth challenge, and the first time it's been announced, there's some serious disclosure issues to be addressed by @ASIC.
Borshoff said a couple of years ago that $60 was the incentive price to get his projects approved, but then he said he wouldn't get out of bed for $60 POU, or something like that. If that's the case, this is a complete gobbler and should be removed from URNM. Please.
Now that POU has tanked it means that this company as a whole is a turkey draped in pigeon droppings.
I've been following this company for a while but this is the first time I've heard that there were legal claims to set aside their environmental clearances. This is the fifth challenge. If this is the fifth challenge, and the first time it's been announced, there's some serious disclosure issues to be addressed by @ASIC.
Sean K
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I'm not sure if DYL have the supply and demand analysis right.
As per above, the 'incentive price' just a couple of years ago was $60.
Now, he's complaining that the market has increased supply and the price has been smashed.
I have a feeling that we've been hoodwinked into believing Kazatomprom or anyone in the Athabasca couldn't dial up production at the drop of a hat. Even BHP could double their uranium output at OD if they wanted to.
The 'total mismatch' for DYL is that they sat on their hands and have been lying about environmental clearances.
As per above, the 'incentive price' just a couple of years ago was $60.
Now, he's complaining that the market has increased supply and the price has been smashed.
I have a feeling that we've been hoodwinked into believing Kazatomprom or anyone in the Athabasca couldn't dial up production at the drop of a hat. Even BHP could double their uranium output at OD if they wanted to.
The 'total mismatch' for DYL is that they sat on their hands and have been lying about environmental clearances.
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Just had occasion to check this out (non holder) and was struck by the historically massive volume over the current and last five quarters with mounting volume leading up to that. The buying has almost been met by selling however as the candle bodies are small. Still a slowly trending chart however. Price @ 2.135 is still below the capital raising a year ago @ 1.225 mentioned above.
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Good heads up @finicky , I did well on the last PDN run after the mass swing to nuclear power projects, sold out before the consolidation so did well.
I don't think uranium is going to do well, until the left accept it is an option and that won't happen anytime soon, so the anti nuclear narrative will continue.
Maybe in Australia nuclear will never be an option, if the renewable green dream comes to fruition.
Best keep our eyes peeled, on the renewables rollout success rate IMO.
My personal belief is common sense will prevail and in the end and uranium will have a huge resurgence, but I've been wrong before, many times.
I don't think uranium is going to do well, until the left accept it is an option and that won't happen anytime soon, so the anti nuclear narrative will continue.
Maybe in Australia nuclear will never be an option, if the renewable green dream comes to fruition.
Best keep our eyes peeled, on the renewables rollout success rate IMO.
My personal belief is common sense will prevail and in the end and uranium will have a huge resurgence, but I've been wrong before, many times.
Sean K
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Our uranium stocks have been the most heavily shorted on the ASX over the past 6 months and it shows in their SPs and also reflected in UNMR that holds a few of them. Not sure if shorters have taken to the Canadians and Kazatomprom as well. Probably, by the look of URNM.
I wonder what the incentive price is now for a FID on this? I thought the market was using term price contracts and spot wasn't such a bid deal at the moment. Maybe for developers it is.
I wonder what the incentive price is now for a FID on this? I thought the market was using term price contracts and spot wasn't such a bid deal at the moment. Maybe for developers it is.
Sean K
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The delayed FID on Tumas has been delayed, again.
Are we being conned by the modelled uranium supply and demand metrics? Maybe Kazakhstan and the Athabasca can just ramp up production to soak up all the demand?
Mulga Rock, that had a DFS done on it by the previous owners (VMY about 10 years ago), is planned to commence a DFS update in H2. WTF? Can you walk and chew gum at the same time, or what?
I think JB has turned this into a lifestyle company and is just enjoying the directors bonuses for delaying everything to save shareholder value.
Are we being conned by the modelled uranium supply and demand metrics? Maybe Kazakhstan and the Athabasca can just ramp up production to soak up all the demand?
Mulga Rock, that had a DFS done on it by the previous owners (VMY about 10 years ago), is planned to commence a DFS update in H2. WTF? Can you walk and chew gum at the same time, or what?
I think JB has turned this into a lifestyle company and is just enjoying the directors bonuses for delaying everything to save shareholder value.
