I'm not familiar with DYL but I'm surprised that it is valued at 410m A$. Can someone just tells me if such a valuation is justified by the fundamentals and is it possible to derive a potential valuation for NuPower based on DYL valuation? I'm asking because I remember that they have tenements close to ours in the Aileron region...
Lenni,
My answer to the first question is NO.
However:
DYL has a link with Paladin (financial and historical with mgmt).
DYL has also picked up ground in Namibia (haven't they all...).
DYL was valued very high even with only NT ground.
They also have a JV with MRX in QLD, take it or leave it for this imo.
I feel it is over the top big time, but alas my thoughts don't count or ARU would be $2.00
All in my opinion only.
dyl question, page-2
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