Corporate Update Presentation
Perth, Jan 31, 2020 AEST (ABN Newswire) - Deep Yellow Limited (
ASX:DYL) (JMI:FRA) (DYLLF:OTCMKTS) provide the Corporate Update Presentation to be presented by John Borshoff, Managing Director/CEO at the Arlington Predaba Investor Conference held in Cape Town, South Africa from 31 January - 1 February 2020.
Ready for Growth
- Executing a unique and differentiated dual-pillar growth strategy
- Strong balance sheet, with continued support from equity markets
- Ongoing exploration has tripled the Reptile Project resource base in just 3 years
o At an extremely low discovery cost of $0.10/lb (2017 to 2019)
- PFS commenced at Reptile following positive Scoping Study results
- Effective M&A execution combined with successful organic growth to deliver potential for 5-10Mlb pa production from a low cost, multiplatform global uranium portfolio
- M&A activity in progress
- Fully-funded to execute the strategy over the next 12 months
- Nuclear power integral to achieving clean energy targets, with demand growing
To view the presentation, please visit:
https://abnnewswire.net/lnk/MZEMG4L9
About Deep Yellow Limited
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is successfully progressing a dual-pillar growth strategy to establish a globally diversified, Tier-1 uranium company to produce 10+Mlb p.a.
The Company's portfolio contains the largest uranium resource base of any ASX-listed company and its projects provide geographic and development diversity. Deep Yellow is the only ASX company with two advanced projects - flagship Tumas, Namibia (Final Investment Decision expected in 1H/CY24) and MRP, Western Australia (advancing through revised DFS), both located in Tier-1 uranium jurisdictions.
Deep Yellow is well-positioned for further growth through development of its highly prospective exploration portfolio - ARP, Northern Territory and Omahola, Namibia with ongoing M&A focused on high-quality assets should opportunities arise that best fit the Company's strategy.
Led by a best-in-class team, who are proven uranium mine builders and operators, the Company is advancing its growth strategy at a time when the need for nuclear energy is becoming the only viable option in the mid-to-long term to provide baseload power supply and achieve zero emission targets.
Importantly, Deep Yellow is on track to becoming a reliable and long-term uranium producer, able to provide production optionality, security of supply and geographic diversity.
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