Ann: Deep Yellow Appoints New Chairman for Next Phase of Growth, page-15

such a great personality and exudes operational confidence. Key points for me (paraphrased from memory) were:
1. Implies mine life will be upgraded to 25 years
2. keen to build a company with even longer reserves as thinks that’s extremely positive for utilities running reactors with 80+ year life
3. hints they are looking at new technologies
4. Seems quite upbeat on The Japanese JV and likelihood of finding more reserves
5. deliberate strategy to let the “eager beavers” run in and sign up the first wave of contracts at $50-$70 and plans to wait until utilities are desperate
6. Implies many U-stocks wouldn’t pass “showering you in whatever” financier scrutiny that comes at BFS stage
7. says we can expect M&A news sooner rather than later and definitely before end of year
8. Trashes BOE strategy of buying uranium as production insurance (“come along with your puddle little purse of 300,000 pounds or whatever” haha)

reading between the lines I’m more confident than ever in predicting DYL will take over MEY (based on good knowledge of all the ASX listed options, but freely confessing I haven’t really built up a great knowledge of global options that may exist outside that)