DYL 1.51% $1.68 deep yellow limited

THE SQUEEZE IS ON, page-1357

  1. 1,155 Posts.
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    "utilities will be begging to hand over money to companies like DYL and BNM"

    At the moment they are still not concerned it would seem

    Although after watching that interview with dustin, he did say "a number of things are going on but i'll leave that up to the public information"

    which tells me john is in some sort of discussions in regards to finance. i'd prefer the utility route even if it means we get a lower contracting price but we have accesses to upfront capital, or they take a percentage of tumas production in exchange for capital. especially after seeing what happened with lion town and core lithium, debt and equity in excess won't be a safe route in this broader economic market (excluding the uranium market)

    Most utilities probably won't do this with all management teams, just the ones they have faith in and ones that have produced before.

    however if we do go down the debt and equity path -it makes sense to me for DYL to have a contract with a utility before going to get a debt and equity deal, in fact in this environment they would need it as insurance.

    So with that being said the best outcome is to get a utility on board, they still seem oblivious to the current uranium market so the longer it takes the better outcome in terms of pricing there will be for us
 
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