DYL 5.50% $1.06 deep yellow limited

mufi asked for an answer in PDN forum via nightstalker, here it...

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    muf
    i asked for an answer in PDN forum via nightstalker,
    here it is what he thinks, you query means.......

    I think basically Borshoff is trying to reassure the market that Paladin is in an extremely sound financial position. They will have other M and A activities planned (mergers and acquisitions) and are fully funded for their plans.

    The other thing I found interesting was the conviction he seems to have that the Mt Isa deposits will be worked in the next 3 or 4 years - the Qld Govt needing to do a backflip. He must know something we don't.....

    good luck........have a pleasant day......
 
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