Hi Dazzler100, I am a long term holder who has continued to accumulate as the share price has appreciated. I can't see it hitting the mid 40's and personally consider around the current level the buy zone, with about 53 cents pulling it up - but who knows.
What I do know is that presently DYL is valued at around $11 per lb uranium in the ground (NON-JORC), when the going rate for a JORC resource can be up to $30 per lb uranium in the ground, and what are they using the latest capital raising for - to accelerate drilling and prove the resource in Namibia to JORC (plus explor for other major deposits - check those grades at Mt Isa)
Now if they can do a Paladin and whilst proving the resource in Namibia to JORC also increase it 4.5 times - then there is plenty of blue sky in that alone.
Management is first class and has a proven track record at PDN.
If you buy at these levels and hold for a few years you should do very well indeed, but as always DYOR.
Cheers to all the long term holders.
sensational, page-13
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Last
$1.41 |
Change
-0.010(0.71%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.39 | $7.034M | 5.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10181 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 75086 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |