will deep yellow dyl bid for uxa?

Deep Yellow DYL are doing well and are cashed up and debt free. A uranium producer in the not to distant future.

Patrick Mutz is MD of DYL as he was previously with UXA. Word is that he worked together very well with UXA's Chairman the very experienced mining man, Neill Arthur.

DYL are looking to buy up up interests and it was Patrick himself who arranged the Geoscience purchase by UXA and the setup JVs with RIL, a subsidiary of India's giant Reliance.

UXA owning Geoscience and PFN Tool are setting up in Texas and are likely to be a magnet for Mutz. After-all, he must think well of what was setup and engineered for the years he spent with UXA.

UXA have a market cap around just $8 million.