Just my two cents. For comparison to VMY, Deep Yellow has...

Just my two cents. For comparison to VMY, Deep Yellow has recovered some of it's post Ukrainian Power Plant fire losses since Friday, dropping from 90c to a whopping 72c and now trading around the 82c mark. Sentiment can shift quickly can't it. The pre-open on Vimy, which will likely change greatly tomorrow is probably looking as expected with a 5% - 10% fall. A 10% fall bring us to where DYL is at the minute.

I'd suspect that VMY continue to pursue the capital raise, not sure how they can't at this stage. However, the issue price will need to be reduced. I agree with others sentiment that dilution is a pain, but they are only raising $20mil, so the dilution won't be massive and my opinion is that the cash is necessary to unlock further value at Mulga and more importantly Alligator River.

All the best,
SS