DYL's Reptile deposit in Namibia has very high potential as there has been no drilling for 20 yrs. 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 (which is only 16 km from DYL’s Reptile deposit) and increased the U308 to about 47,800 tonnes. http://sa.iguana2.com/cache/5d328e2e47c8efa6bfb14102e5e9d753/ASX-PDN-343186.pdf
If DYL can achieve a similar 4.5 times increase in U308 resource estimate from their Reptile deposit imagine the huge upside potential from here.
This stock has the potential to be the next Paladin imo, biggest gains will be made by buying and holding.
Cheers to all the long term investors
reptile deposit, page-5
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$1.32 |
Change
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Mkt cap ! $1.280B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.38 | $1.32 | $5.779M | 4.308M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26240 | $1.32 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 23474 | 2 |
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