Yes - DYL could quite easily be the next EXT.
However, EXT didn't have access to early cash flow from a world class, low cost, magnificent grade iron ore project within 45 km from a deep sea port which DYL has in the Shiyela Magnetite project.
This gives DYL options to fund its own incredible uranium assets in Namibia. This, together with an imminent change to mining restrictions on Uranium by the labour govt in QLD should mean DYL gathers serious momentum from here.....
Remember, these guys raised $40 million for exploration at 40 cents a few years ago. I see this racing back to 40 cents and fast with some positive news on the pending new JORC. And with the EXT takeover, this could happen fast.....
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Add DYL (ASX) to my watchlist
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$1.51 |
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1 | 5894 | 1.490 |
2 | 6047 | 1.475 |
1 | 6047 | 1.470 |
3 | 35047 | 1.465 |
Price($) | Vol. | No. |
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1.520 | 55547 | 4 |
1.525 | 6047 | 1 |
1.530 | 6047 | 1 |
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