DYL 3.26% $1.41 deep yellow limited

THE SQUEEZE IS ON, page-1295

  1. 3,220 Posts.
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    looks to me like JB realises he was being played, you can now rest assured JBs not going to let the short sellers cover at a significant cost reduction to the detriment of DYL shareholders

    I’m guessing that JBs phone is now ringing off the hook with calls from short sellers offering to fund a share issuance - best thing to do is to tell them to f* off - you don’t reward bad intentions - which is obviously the short sellers game -

    shit on my once shame on you, shit on my twice shame on me - no one will be shitting on JB

    I’m also guessing the Japanese are now willing to take equity in DYL as an incentive to enter into off take agreements aimed at accelerating Tumus into production

    the huge news out this week was that from Kazatomprom, warning that in 3 weeks time it may reduce its 2024/2025 production Guidance. It appears Kazaromprom is preparing utilities for a very big downward revision to its production.

    Now if Kazaromprom does announce a significant downward revision to their production, I then expect the spot price and long term contract price will both rocket higher, and will result in all uranium developers share prices shooting much higher - it has to in such a scenario

    JB would be fully aware of this, and as DYL have $25m in the bank there isn’t any reason we can’t wait 3 weeks or longer until after Kazaromprom announce their production guidance.

    we are very close to the time utilities realise there is not enough uranium for everyone and then panic
    Last edited by 92electrons: 19/01/24
 
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