you may be correct. DYL response was fairly level and reasonable - Not Panaic and BALE OUT perhaps
"
DEEP YELLOW RESPONSE TO NAMIBIA MEDIA ARTICLE
Deep Yellow interreacts constantly with relevant Government Ministries and Departments and
advises that it is not aware of any elevated discussions with industry regarding Government
equity in mining projects. In Deep Yellow’s experience, all matters affecting the Namibian mining
industry are consistently dealt with through the Chamber of Mines, of which Deep Yellow is an
active member, and are worked through with Government using a detailed and orderly process
involving proposals, submissions, discussions and negotiations that have invariably resulted in
mutually acceptable outcomes.
Deep Yellow, through its extensive experience operating in Namibia, has deep confidence that
the Namibian Government fully understands the value of foreign investment. Deep Yellow also
recognises and accepts the need for local ownership and, as previously reported, has between
5% and 10% of its various projects held by local Namibian equity partners, including the Tumas
Uranium Project."
Swings and roundabouts have been many of my favorite time to accumulate on the cheap. Classic "Oversold" in my book.
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4 | 4592 | 9.710 |
2 | 1133 | 9.700 |
1 | 307 | 9.690 |
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Price($) | Vol. | No. |
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9.880 | 2055 | 1 |
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