Corporate Presentation HC Wainwright & Co Conference
Perth, April 20, 2021 AEST (ABN Newswire) - Deep Yellow Limited's (
ASX:DYL) (JMI:FRA) (DYLLF:OTCMKTS) project portfolio is located in Namibia, a premier uranium mining jurisdiction with a long history of mining.
- Dual-pillar growth strategy to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer
- Led by a standout uranium team
o A highly-credentialed and experienced team (majority ex-Paladin Energy) with proven success in the uranium sector, strong project development, operational and corporate capabilities
o Majority of this team successfully built and operated two innovative conventional uranium operations (Langer Heinrich, Namibia and Kayelekera, Malawi)
o Grew Paladin from a market capitalisation of A$2M to A$4Bn - pre-Fukushima
- Well-funded for future growth with cash balance of A$51M(+A$30Moption conversion June 2022)
- Nuclear energy becoming the moral imperative, with positive momentum building globally
To view the presentation, please visit:
https://abnnewswire.net/lnk/PGFWMT5F
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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