Building For The Future
Corporate Update
Perth, June 4, 2019 AEST (ABN Newswire) - Deep Yellow Limited (
ASX:DYL) (DYLLF:OTCMKTS) provides the latest Company's presentation.
Key Takeaways
New Strategy is Delivering Results
1. Positioning for the inevitable uranium upturn
- Clear strategy for growth and delivering on stated objectives.
- Recently upgraded to OTCQX trading platform expanding shareholder footprint.
- Well funded
2. Growth strategy
- Establish a global uranium platform.
- Grow uranium resource base on Namibian projects.
- Acquire assets spanning advanced exploration and early development.
- Establish a relevant project pipeline with early production capability.
3. Management team with a successful track record of execution
- Unrivalled experience in project acquisition, exploration, construction and operation.
- Uranium market analogous to the depressed conditions of ~15 years ago making a perfect opportunity for value creation with contrarian investment approach.
To view the full presentation, please visit:
http://abnnewswire.net/lnk/ZGKW2IA0
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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