DYL 9.16% $1.49 deep yellow limited

Ann: December Quarter Activities Report, page-5

  1. 67 Posts.
    My understanding is that metallurgical-related testwork on Tumas was largely completed by October, and from previous announcements, clearly with very positive results. However, let's not forget that Tumas only contains 13M Lb in the Measured and Indicated categories, so it makes total sense that DYL would focus its attention on growing the resource as announced in the Quarterly, rather than to undertake additional detailed testwork now on a process which has been proven to work, anyway. Additional testwork can occur at a later stage as part of project feasibility when DYL feels it has the reached an optimal scale for production purposes.
 
watchlist Created with Sketch. Add DYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.