I prefer the implications of that statement. It tells me than a JV with DYL will add more value wrt DYL than a full TO. There is still a lot of exploration to be made in DYL tenements and bear in mind after the JV with TOE recently, they are now the largest land holder for exploration in Namibia. A simple TO of DYL will undervalue it because we still don't know the full potential in the ground especially Inca Deep.
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$1.16 |
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35 | 213552 | 1.150 |
23 | 256280 | 1.145 |
20 | 236109 | 1.140 |
9 | 125805 | 1.135 |
Price($) | Vol. | No. |
---|---|---|
1.160 | 126749 | 21 |
1.165 | 189125 | 23 |
1.170 | 154936 | 21 |
1.175 | 250900 | 15 |
1.180 | 439266 | 9 |
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