Deep Yellow Limited · ASX:DYL
Deep Yellow — OTC Metals & Mining Virtual Investor Conference 2020
26 slides from Deep Yellow's conference presentation, May 8, 2020
Slide 1: ASX Announcement: Corporate Update Presentation
ASX Announcement ASX & NSX: DYL / OTCQX: DYLLF For personal use only 8 May 2020 CORPORATE UPDATE PRESENTATION Attached is the Corporate Update that was presented live by John Borshoff, Managing Director/CEO at the OTC Metals & Mining Virtual Investor Conference on 7 May 2020. Deep Yellow is listed o
Slide 2: Building a Tier-One Uranium Producer: Strategy Update
For personal use only Click to Building edit Master title style a Tier-One Uranium Producer Click to edit Master text styles ● Second level o Third level Deep Yellow Fourth Growth level Fifth level Strategy Update OTC Virtual Investor Conference - 7 May 2020 John Borshoff Managing Director/CEO ASX /
Slide 3: Disclaimer and Competent Person Statement
For personal use only Disclaimer and Competent Person Statement This document has been prepared by Deep Yellow Limited Any statements, estimates, forecasts or projections with This presentation and its contents have been made available (Deep Yellow, DYL or the Company) in connection with respect to
Slide 4: Key Considerations
For personal use only Key Considerations Page 1 of 2 ● Uranium supply is in a fragile and precarious situation with most of the players ill-prepared to face the future challenges ● The competitive landscape remains fragmented and technically deficient ● The Deep Yellow strategy and vision is driven
Slide 5: Uranium Sector Outlook
For personal use only Uranium Sector Outlook vital signs are excellent 4
Slide 6: Severe Recalibration of the Uranium Sector
For personal use only Severe Recalibration of the Uranium Sector Massive industry attrition post Fukushima In 2011 ~420 uranium companies Explorers Today 62 companies world-wide: 11% 16% Potential Developers 10 government associated or multi-national uranium 46% producers Government & Multinationals
Slide 7: Uranium Price Primed for Recovery
For personal use only Uranium Price Primed for Recovery NUCLEAR DEMAND STRONG CLEAR URANIUM PRICE LAG Operable Under U308 Prevailing Date/Event Planned Proposed Reactors Construction Required U308 Price Strong Disconnect Feb 2011 (pre- 443 62 156 322 80kt $73/lb Fukushima) April 2020 441 54 111 328
Slide 8: Expected Supply Shortage by 2023
For personal use only Expected Supply Shortage by 2023 NUCLEAR UTILITY COMPLACENCY ON LOOMING SUPPLY SUFFICIENT URANIUM SUPPLY UNCERTAIN POST 2023 SHORTAGE OUTLOOK CONTINUES Major suppliers mothballing mines or exiting the sector Uranium price still languishing at low US$30/lb range despite recent C
Slide 9: Uncertainty Supply will Meet Demand Post 2023
For personal use only Uncertainty Supply will Meet Demand Post 2023 ● Sufficient uranium supply growth highly uncertain over the mid to long-term o Major suppliers mothballing mines – current production cutbacks of >60Mlb pa o Rio exiting sector will create supply vacuum o Production unsustainable w
Slide 10: Differentiated with a Unique Growth Strategy
For personal use only Differentiated with a Unique Growth Strategy 9
Slide 11: A Bold & Unique Strategy
For personal use only A Bold & Unique Strategy Dual-Pillar Growth Strategy Well-Positioned to Deliver Organic and Inorganic Growth Strategy focused on establishing Deep Yellow as a low o Development of the Namibian Project cost, tier-one uranium producer Effective strategy execution requires a leade
Slide 12: A Standout Uranium Team
For personal use only A Standout Uranium Team A highly-credentialed team (majority ex-Paladin Energy) with proven success in the uranium sector, highlighted by: Strong project development, operational and corporate capabilities Highly experienced team who have successfully worked together in the pas
Slide 13: A Significant Opportunity for Deep Yellow
For personal use only A Significant Opportunity for Deep Yellow The Key Ingredients Available to Deep Yellow to Build a Tier-One Uranium Platform Experienced Bold & Proven Vision & Cohesive Unique Funding Uranium & Team Growth Support Track Leadership Across All Strategy Record Disciplines APPLIED T
Slide 14: Advancing the Namibian Projects
For personal use only Advancing the Namibian Projects our organic growth 13
Slide 15: Namibian Project Portfolio
For personal use only Namibian Project Portfolio Overall Namibian Resources = 156.6Mlb U308 grading 320ppm Reptile Projects – 896km2 (DYL 100%) Palaeochannel/calcrete targets (Langer Heinrich style) – 110.5Mlb U308/290ppm Basement/alaskite targets (Rössing/Husab style) – 45.1Mlb U308/420ppm Nova Joi
Slide 16: Tumas Pre-Feasibility Study Underway
For personal use only Tumas Pre-Feasibility Study Underway Tumas PFS delivering outstanding early results and Key PFS Benchmarks are within parameters set in the recent Scoping Study LOM: > 20 years Successful completion of infill resource drilling OPEX: low cash cost <US$30/lb program delivers posi
Slide 17: Establishing a Multi-Project Global Uranium Platform
For personal use only Establishing a Multi-Project Global Uranium Platform ● Unique Strategy ● Right Timing ● Standout Team ● Well Funded 16
Slide 18: Well-Funded for Inorganic Growth
For personal use only Well-Funded for Inorganic Growth Ongoing evaluation of M&A throughout 2019/20 The opportunity to act is now due to the depressed nature of the sector Focused on acquiring 2-3 projects to establish a pipeline for development from 2023 – 2030 Currently assessing a pool of 6-8 tar
Slide 19: Key Milestones
For personal use only Key Milestones Calendar Year Project Activities 2H19 1H20 2H20 2021 Reptile Resource Upgrade Drilling Ongoing Palaeochannel Testing Scoping Study Reserve Statements Pre-Feasibility Study Optimisation Studies M&A Targeting 2 to 3 Projects Expected Completion 18
Slide 20: Conclusions
For personal use only Conclusions ● A re-energised, well-funded and advanced uranium explorer that is highly differentiated from other mid-sized uranium market players ● Outlook for uranium is positive, with nuclear power integral to meeting clean energy targets ● Well positioned to continue success
Slide 21: Thank you
For personal use only Thank you For further information: T: +61 8 9286 6999 E: info@deepyellow.com.au W: www.deepyellow.com.au : @deepyellowltd : deep-yellow-limited 20
Slide 22: The Key
For personal use only THE KEY Led by a proven and experienced management team, Deep Yellow is focused on becoming a tier-one, low cost uranium producer, by developing a multi-project, global uranium portfolio 21
Slide 23: Appendix
For personal use only Appendix 22
Slide 24: Significant Growth in Nuclear Demand Expected
For personal use only Significant Growth in Nuclear Demand Expected 20 new reactors globally scheduled to be connected by end 2020 Increasing demand supported by aggressive reactor construction in China Considerable growth in 15 years from 3 operating reactors to 45 today Aggressive growth to contin
Slide 25: Challenging Supply Dynamics = Opportunity
For personal use only Challenging Supply Dynamics = Opportunity ● Strong long-term fundamentals for nuclear energy, underpinned by the growing need for clean and low-cost energy, will drive uranium demand ● The supply industry is not in a position to meet growing demand: o Limited number of producin
Slide 26: Mineral Resources: Palaeochannel, Basement Related
For personal use only Mineral Resources: Palaeochannel, Basement Related Notes: Figures have been rounded and totals may reflect small rounding errors. XRF chemical analysis unless annotated otherwise. ♦ eU3O8 – equivalent uranium grade as determined by downhole gamma logging. # Combined XRF Fusion
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