Averagejoe
The iron ore credits I was referring to are not from Shiyella. Shiyella is an added bonus. Iron ore has actually been identified in the overburden directly above the INCA mineral resource. This means that DYL will be paid to dig up the ground. From the scoping study, they estimated that they have enough iron ore to meet all of Rossing's requirements (50tonnes/ day).
I also believe that Ongolo will surprise to the upside and is the main reason why accumulation has been happening for the last 2 months. DYL normally only gives a location a 'Project Name' when the prospects look very good. This coupled with the fact that they skipped line 4 and line 6 when they decided where to drill indicates their confidence in what they have seen to date.
All good IMO.
interesting!!!, page-19
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Last
95.5¢ |
Change
0.015(1.60%) |
Mkt cap ! $925.8M | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 96.8¢ | 90.5¢ | $3.432M | 3.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28765 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 5208 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |