Excellent decision - higher prices are coming and management acting astutely are looking to maximise shareholder wealth.
It makes all the difference when Management has skin in the game - JB owns about 18m shares so has a vested interest to see higher prices secured in term contracts
DYL have worked hard for 7 years to advance the Tumus project towards production and I am very pleased DYL management are not prepared to “give it away” at current prices
look at PEN not that long ago they beat their chest that they had forward sold a 1/3rd of their production at $53 lb and all they have done since whilst chasing production is to dilute shareholders and watch the uranium term price shoot higher
again I applaud DYL management who are working to maximise shareholder wealth
DYL Price at posting:
$1.20 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)