DYL 7.14% 22.5¢ deep yellow limited

sandybeaches/broke

  1. 320 Posts.
    I spoke with James Pratt this morning and the company is obviously very positive about the the upside of uranium in regard to Kyoto agreements etc.

    But I didnt realise they still have a 50% interest in the Mikado gold project out of Laverton, the other 50% is owned by a ceditor of the former Deep Yellow. Tossing up whether to JV with Placer Dome or just sell, James indicated a sale would only bring <=$200k and there is an obligation to provide funds to former creditors.

    regards wat
 
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