Marenica $5m vs Deep Yellow $70m [6 bagger in the last 4 months! - what the...]
MEY: 300mt at 90ppm = 60mb
Grade is holding this back big time, but Marenica has the technology.
Wait for the revised scoping study to come out by end of April 2017 and boom!
DYL: 49mt at 216ppm = 23mb
or 16mt at 366ppm = 13mb
Requires Marenica technology.
Valued at 14x Marenica market cap
No closer to production than Marenica? ~2020/2021. No DFS.
Those who bought MEY in the last, like, forevermade the wrong call up to now.
From now on, is MEY the correct call?
Can DYL go any higher?
Scoping Study, page-4
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