DYL 2.66% $1.47 deep yellow limited

yes, the Chinese don’t keep their word - JB would be well aware...

  1. 3,867 Posts.
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    yes, the Chinese don’t keep their word - JB would be well aware of that from his days at PDN

    Japanese are completely the opposite- their word is their bond

    I’m guessing a deal with the Japanese is being worked out right now - but JB is in no rush - his time line is mid year for a Tumus Final Investment Decision (FID)

    The Japanese in order to persuade JB to bring the FID forward will need to agree to pay “tomorrow’s prices” today - otherwise they will just have to wait.

    in fact the longer it take, and the higher uranium price rises, then the higher the DYL share price will rise, then the worse it get for the short sellers.

    Revised PFS numbers for the expanded Mulga Rock resource are due this month. I would not want to still be sold short when these numbers are out - as I suspect it light another rocket under the DYL share price.

    it’s official now - the short sellers are well and truly f*ed.



    Last edited by 92electrons: 11/01/24
 
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