IMO, this is a very sweet deal for DYL! Toro (the acquirer of Napperby Uranium) will or can acquire up to 100% of the Project (which allows DYL to concentrate on its new 'venture') & must pay to define the mineralised resource to inferred JORC standard. So in essence, Toro have to pay to 'find out what is there' & then, 'pay for what is there' - lol! Am I reading that right?
IMO DYL now has the financial muscle to go harder in Namibia & Mt. Isa
Cheers, Pie
this sounds like a very sweet deal to me...
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Last
$1.34 |
Change
0.020(1.52%) |
Mkt cap ! $1.298B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.36 | $1.33 | $5.055M | 3.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 94235 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 36354 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DYL (ASX) Chart |