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DYL - Deep Yellow

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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'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.
 
dyna said:
Could be trying to be too clever , here
Click to expand...
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 )
 
dyna said:
.No scale back , after all ! ( Could be trying to be too clever , here ).......We'll see .
Click to expand...
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 !
 
Oops ! My dodgy maths . Scale back was $9,000 on the 30 grand .
Still , that 's not bad for a week's " work ".
 
dyna said:
. Director John Borshoff picked up 17,125 shares in the SPP , taking his holding to about 400 , 000
Click to expand...
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 .
 
That didn't take long .
Macquarie must have done a bit of profit taking on their 5 % , at about $ 1.60 ( ? ) four days ago when they ceased to be a substantial shareholder . SP at $ 1.68 now.
 
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.

 
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 !
 

Attachments

  • Change-of-Director's-Interest-Notice-x-2.PDF
    169.4 KB · Views: 0
Last edited:
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 .
 

Attachments

  • December-2024-Quarterly-Activities-Report.PDF
    1.7 MB · Views: 0
  • Appendix-5B-December-2024-Quarterly-Cashflow.PDF
    335.4 KB · Views: 0
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