THE SQUEEZE IS ON, page-236

Oh wow.. “a company that raises cash (ie CR) to
add value is not dilution”?!??????

I think what your trying to say is CRs aren’t always bad.. true! But it’s still dilution mate! Google it if you have to!

I understand the difference between CR to keep the lights on, and a CR to build a mine (add value as you call it) however..

Hypothetically if tomorrow DYL did a CR and added say (as an example) another 700M - 800M (essentially doubling the SOI), do you really think that it would not have any effect on the value of your holdings, just because they’re using that money to build a mine? Seriously?!? You dont think you were DILUTED?!?

of course hold for 7 years and have the uranium spot price stay above $150.. DYL might be $2B-$3B MC, you might be ahead WITH TIME (assuming you didn’t increase your holdings during the CR, ie you were DILUTED)