re: Ann: LCY: Exploration Update and commence... Glad to see that we withstood another round of commentary from the big O today.
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On a more serious note, have a look at the attached link which comments on the valuation of DYL. Yes uranium and likely that the broker is going to get involved in their AIM listing, but they make a comment about the value of DYL's iron ore asset:
'From this review we found that the average valuation of
the peer group was A$0.60/contained t Fe'
The link to the article is as follows:
http://www.google.com.au/url?sa=t&rct=j&q=paladin%20takeover%20deep%20yellow&source=web&cd=5&ved=0CDsQFjAE&url=http%3A%2F%2Fwww.deepyellow.com.au%2Fdownload-603.html&ei=TlCCT9zxE-q1iQfktIG7BA&usg=AFQjCNG41kdGviYgfuIWSoyJyifNitRZTA
Look at pages 7 and 8.
Keep the faith guys.
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Finally thanks to werner10 for posting this document and yes I hold DYL.
Cheers
Mo
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