jamiroquai,
You could very well be correct.
Alot of people dismissed DYL as a serious contender when their shareprice lost ground. That was when i bought in at around .36c.
DYL is the major missing part of the jigsaw puzzle in PDN's assets. People for a long time were saying DYL is too overpriced with a large M/C and with so many shares on offer.
Yet, John Borshoff said lastnight on Lateline regarding Uranium, "We have a long way to go."
Once some results come through re: Namibia, I think that is when PDN will make a move. The DYL M/C will no longer be a problem as it will be consumed by PDN.
PDN wants to be a world dominant player. This will open the doors further for them.
Short term, things are hotting up in such a way that we may see over $200 lb for U308 before the year is out.
We are witnessing the greatest Bull Market of all time IMO. Uranium is a phenomina. The price will tank at some stage. However, we still have at least a few years to make the most of it. We have China and India to thank for that with its insatiable appetite for resources.
How high uranium goes, i have no idea.
Cheers markco2
jamiroquai,You could very well be correct.Alot of people...
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Last
$1.43 |
Change
-0.020(1.38%) |
Mkt cap ! $1.381B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.44 | $1.41 | $725.6K | 508.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31296 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 29259 | 12 |
View Market Depth
| Last trade - 10.43am 08/10/2024 (20 minute delay) ? |
| DYL (ASX) Chart |