Quiet here, page-2

It is quiet, due mainly to the lack of effective promotion... 
If you want to understand the underlying value in this company, look back to DYL's release in September, 2016. Extract below... 

Deep Yellow Ltd (“DYL”) and Marenica Energy Ltd (“MEY”) have executed a bindingTechnology Licence Agreement for the application of the U-pgradeTM process on theCompany’s Tumas Project in Namibia.• The commercialisation agreement follows the recent conclusion of a successfulmetallurgical testwork program and aims to share the economic benefit of theresource/technology combination 75/25 (DYL/MEY) under various conditions.• The testwork program demonstrated that processing Tumas ore through the U-pgradeTMprocess has the potential to reject up to 98% of the mass whilst recovering over 82% ofthe uranium, thus presenting the potential to dramatically reduce both capital andoperating costs and enabling it to be developed at a lower uranium incentive price.• The companies are already in an advanced stage of planning a fast track feasibility studywhich would include metallurgical variability testwork and a resource expansion drillingprogram.

DYL makes a number of key points...
1. The Technology was proven to be effective in rejecting up two 98% of the mass thereby reducing capital and operating costs at Tumas, and
2. As a result, MEY will be entitled to 25% of the economic benefits of the project in return for supplying the enabling technology.

Tumas should be large but it is pointing to being low grade... less than 1/2 that of Langer Heinrich which is currently mothballed due to high costs. It follows that DYL need the technology (because of its low grade) to stand any chance of being developed.  DYL has a market cap of around $105m based almost entirely on the Tumas deposit.

If you ignore all other assets in each of the companies, Marenica should have a market cap of 1/3 of DYL (75:25 economic split) , or in other words $35 million or 48c per share. The company has tied itself to the Tumas project and and it value should move in step with DYL.

That is why buying at current prices (as you have done) and waiting to see DYL's next move is a low risk bet.

DYOR