Badboysyd, WMT did go from 3c to 40c but it has done much much...

Badboysyd, WMT did go from 3c to 40c but it has done much much much much more than simply a JV on the Tanzania Land formally owned by DYL

Those running DYL are highly experienced in uranium and been associated with PDN taking it from 1c to $10

The odds favour that DYL has retained the best land - if you are in any doubt read the latest quarterly out today.

Also the Namibian deposit looks the most promising and there has been no drilling on this deposit for 20 years. 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 and increased the U308 to about 47,800 tonnes. http://sa.iguana2.com/cache/5d328e2e47c8efa6bfb14102e5e9d753/ASX-PDN-343186.pdf

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

Dr Leon Pretorius in his role as a director of Langer Hendrick P/L got Paladin's Langer Hendrick deposit into production which was the 1st new uranium mine anywhere in the world in the last 10 years - so it stands to reason he knows all the right people in Namabia and is well positioned to fast track DLY's Reptile deposit.

RIO's Rossing mine has been in production for about 25 years in Namibia, and Namibia is now the 3rd largest uranium producer in the world. There won't be any road blocks in Namibia where DYL has their "very much under-rated" Reptile deposit.

DYL have one of, if not the largest tenement holding of any Australian uranium exploration company - potential for new discoveries remains significant as a result.

Directors: Dr Leon Pretorius has 60M shares in DYL and Gillian Swaby has 28M shares in DYL and the significant point is that the majority were bought on market. That is they have invested their own "hurt" money in Deep Yellow shares. If Deep Yellow does not perform they themselves have a lot to lose.

In addition the June 2006 Annual Report reveals both directors received around 90% of their remuneration in options. Yes they are backing themselves and the future of Deep Yellow.

Cheers to all the long term holders - that's where the biggest gains will be made imo with DYL