Few, including directors of UXA, seriously think that Deep Yellow limited ASX:DYL will bid for UXA. I DIFFER in that view.
Mr Patrick Mutz spent three years building up UXA. He was the supreme pusher in bringing about the geoscience purchase - now the Geoscience Wireline in Australia and USA.
Looking at the tenement interests and low market cap of UXA I believe, no one else it seems, that despite DYL's Namibia uranium interest, they WILL approach UXA at some point and probably very soon - IMHO.
UXA Price at posting:
3.9¢ Sentiment: ST Buy Disclosure: Held