Ann: Trading Halt, page-27

This CR will be separating the boys from the men, the long-term visionaries from the speculators.

Remember Mulga Rock? The only WA uranium project to achieve substantial commencement in 2021? Now it's 2024

Under the merger deal, Vimy shareholders will receive 0.294 DYL shares for every VMY share held. Deep Yellow shareholders will hold 53 per cent of the merged group, while Vimy shareholders will hold 47 per cent.

DYL is currently valued at 1.16B
47% of 1.16B is 550M+

But DYL hasn't progressed Mulga Rock at all either, despite U prices being at record highs??? Mulga Rock Project – Deep Yellow Limited
They are waiting for Liberals to get back in power. Otherwise, investment banks won’t provide cash facilities with political uncertainty.
Labour would find some bullshit environmental reason (or similar) to block the progress and use them as a political pawn.

This Capital Raising will be used to refresh our environmental approvals, etc, so we can become a serious takeover target when policy does change, or ready to commence mine development ourselves. Previous capital raises were just life support to keep us going until serious policy changes were in sight.

We are sitting on a motherload of easily accessible U, which certain people would love to get their hands on for cheap.
Strap yourselves in and buckle up.