DYL 3.11% $1.24 deep yellow limited

deep yellows namibian story is just beginning , page-2

  1. 564 Posts.
    Hi grant64, you are spot on "We are now entering the 2nd stage of deep Yellows rise to fame"

    DYL's Reptile deposit in Namibia has very high potential as there has been no drilling for 20 yrs. When Paladin bought Langer Heinrich in 2002 with 1970 - 80's drillings the Mineable Resource was 11,155 tonnes U(3)O(8). http://stocknessmonster.com/news-item?S=PDN&E=ASX&N=233026

    Now Paladin have drilled out Langer Hendrick (which is only 16 km from DYL’s Reptile deposit) and increased the U308 to about 47,800 tonnes. http://sa.iguana2.com/cache/5d328e2e47c8efa6bfb14102e5e9d753/ASX-PDN-343186.pdf

    If DYL can achieve a similar 4.5 times increase in U308 resource estimate from their Reptile deposit imagine the huge upside potential from here.
 
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