no , your missing my point completely
it could take that long for the spot price to
move, and he's not going to make a financing decision until then. let's say if that is the case - pending the renewed mulga rock DFS he may decide to change the companies path to production.
He merged Tumaswith vimy for a reason, so no i'm not dreaming. mulga rock even as it stands now is looking more attractive then tumas (atleast the metrics are), although tumas is more developed and nambia is familiar for the deep yellow team.
The ASX market actually prefers a project in its back yard, that's one of the many reasons for the merger. The deep yellow team was far better but mulga rock stood out to be better.
the metrics don't lie
Ann: Extensive Drill Program Completed at Mulga Rock Project, page-46
Add DYL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.23 |
Change
0.010(0.82%) |
Mkt cap ! $1.192B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.28 | $1.20 | $6.085M | 4.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23000 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 29996 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| DYL (ASX) Chart |