Note the last sentence above … “FID will also consider whether the term uranium price has risen sufficiently to incentivise development of a greenfield project”
Appears to me they have determined the uranium price has not yet risen sufficiently to incentivise development of…
Just saying the market has been kept fully informed imo, and DYL appears well capitalised to ride out the current market uncertainty with the best part of 1/4 billion dollars still in the bank
also the current market washout should make raising capital even more difficult for explorers and force further consolidation in the junior ranks, possibly throwing up more DYL merger opportunities
I’m very happy to continue to hold whilst John is steering the ship
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