Deep Yellow Limited · ASX:DYL
Deep Yellow — Shareholder Meeting (November 2014)
24 slides from Deep Yellow's shareholder meeting presentation, Nov 7, 2014
Slide 1: Deep Yellow Limited 2014 Annual General Meeting
Deep Yellow Limited For personal use only 2014 Annual General Meeting Perth Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer This document has been prepared by Deep Yellow Limited (Deep Yellow, DYL or the Company) in connection with providing an overview to interested analysts and investors. For personal use only This presentation is being provided for the sole purpose of providing information to enable recipie
Slide 3: Presentation Overview
Presentation Overview For personal use only Corporate Snapshot Market Overview Highlights Omahola Project Tubas Sand Project Exploration Prospectivity Conclusions 3 3
Slide 4: Corporate Snapshot
Corporate Snapshot – 1 For personal use only ASX listed advanced stage uranium exploration company Namibian-focussed, with multiple project opportunities: • Omahola Project – heap leach alaskite, due south of Husab • Tubas Sand Project – free dig, low capex supplementary project • Palaeochannels – u
Slide 5: Corporate Snapshot – Board and Capital Structure
Corporate Snapshot – 2 For personal use only The Board Capital Structure – as at 3 Nov 2014 Shares on Issue 1,891M Tim Netscher Chairman (Independent) Performance Rights 19.3M Greg Cochran Managing Director Market Cap (@ 1.4) ~ AUD 26.5M Gillian Swaby N.E.D Net Cash ~AUD 5.4M Rudolf Brunovs N.E.D (I
Slide 6: Market Update
Market Update Global Financial Markets For personal use only Ongoing volatility means continued uncertainty Capital remains the biggest challenge Reduced appetite for investment in exploration Uranium Demand Uranium Supply Nuclear growth confirmed (underestimated?) Project development mostly stalled
Slide 7: Financial Year Highlights
Financial Year Highlights Corporate For personal use only Successful capital raisings to place company on secure financial footing Seamless transition to new chairman bringing additional skills and insights to the Board Substantial cost savings at the corporate level has reduced cash burn Omahola Pr
Slide 8: Project Location
Project Location For personal use only 3,109 km2 in exploration area* Note: Exploration in Namibia is conducted by DYL’s wholly- owned subsidiary Reptile Uranium Namibia (RUN) * On a 100% basis 8
Slide 9: Omahola Project: Location & Key Points
Omahola Project: Location & Key Points JORC 2004 Resource: 48.7 Mt at 420 ppm for 45.1 Mlbs U3O8 (tank leach)* For personal use only Flagship Project in the centre of “Alaskite Alley” Multiple deposits to feed one plant: • Ongolo and MS7 – higher grade alaskites • INCA – higher grade alaskite, magne
Slide 10: Omahola Project: Metallurgical testwork
Omahola Project: Metallurgical testwork Will heap leach be technically feasible? For personal use only “Sighter” column test demonstrated heap leach processing potential* Uranium recovery approximately 80% after 7 days with low overall sulphuric acid consumption of 12.4 kg/t* Theoretical maximum ura
Slide 11: Omahola Project: Process Options & Size
Omahola Project: Process Options & Size* Heap Leach ensures greater resource inventory For personal use only Cut-off Tonnes U3O8 U3O8 U3O8 (ppm U3O8) (M) (ppm) (t) (Mlb) 100 298 191 56,825 125 150 140 269 37,610 83 200 76 346 27,166 60 250 49 420 20,462 45 *Figures Extracted from ASX Release, 4 Febr
Slide 12: Tubas Sand Project: Location
Tubas Sand Project: Location For personal use only JORC 2012 Resource: 34Mt @ 170ppm 12.7Mlbs U3O8 Indicated & Inferred* * ASX Release, 24 March 2014 12
Slide 13: Tubas Sand Project: Key Points
Tubas Sand Project: Key Points JORC 2012 Resource: 34 Mt at 170 ppm for 12.7 Mlbs U3O8* Tubas Sand Project: Summary For personal use only Shallow, free dig mining Ore upgradeable via physical beneficiation • Conventional Cyclone or Teeter bed (Schauenburg) • Mass pull 10 - 20%, uranium recovery>80%
Slide 14: Untapped Prospectivity: Target Generation
Untapped Prospectivity: Target Generation* For personal use only Improving probability of exploration success through predictive modeling & prospectivity mapping Exploration Input Data Prospectivity Model Layers Map *ASX Release, 28 August 2013 14
Slide 15: Untapped Prospectivity: Input Data Layers
Untapped Prospectivity: Input Data Layers Remanent Proximity Proximity For personal use only magnetised units to marble to domes 15
Slide 16: Untapped Prospectivity: Regional Map & Results
Untapped Prospectivity: Regional Map & Results For personal use only Exploration Input Data Prospectivity Model Layers Map Lithostratigraphic Occurrence of Deposit Score control remanent Rössing 30 Structural control magnetised units Rössing South 1 20 Proximity to Rössing South 2 25 marble and dome
Slide 17: Untapped Prospectivity: Targets Identified
Untapped Prospectivity: 15 Targets Identified For personal use only Prospectivity mapping identified 15 alaskite targets 6 high priority targets Mapping surveys largely completed in follow-up: • Detailed geological mapping, ground radiometric surveys • RadonX surveys, Trenching will be considered if
Slide 18: Conclusions
Conclusions Well positioned in current market environment For personal use only Omahola Project – Ongoing progress • Review preliminary economic analysis • Assessing MS7 and other targets for a possible drilling campaign as a result of improved geological understanding • Plan scoping metallurgical t
Slide 19: Thank you
For personal use only Thank you…. Greg Cochran Managing Director Deep Yellow Limited Level 4, 502 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 M +61 409 938-784 F +61 8 9286 6969 Email: greg.cochran@deepyellow.com.au Email: info@deepyellow.com.au Website: www.deepyellow.com.au
Slide 20: Appendices
For personal use only Appendices
Slide 21: Core Projects – JORC Resources
Core Projects – JORC Resources Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category For personal use only (ppm U3O8) (M) (ppm) (t) (Mlb) Omahola Project - JORC 2004 INCA Deposit Indicated 250 7.0 470 3,300 7.2 INCA Deposit Inferred 250 5.4 520 2,800 6.2 Ongolo Deposit # Measured 250 7.7 395 3,040 6.
Slide 22: Compliance Statements
Compliance Statements Omahola Project – JORC 2004 For personal use only The information in this report that relates to Exploration Results for the Ongolo, MS7 and INCA deposits is based on information compiled by Dr Katrin Kärner who is a Member of the Australasian Institute of Mining and Metallurgy
Slide 23: Non-Executive Directors & Company Secretary
Non-Executive Directors & Company Secretary Broad range of mining, technical and financial experience For personal use only Experienced senior mining executive Over 20 years investment banking and Currently Managing Director at Gindalbie entrepreneurial experience Tim Netscher Mervyn Greene Metals,
Slide 24: Executive Team
Executive Team Proven operational delivery with a broader capability For personal use only Senior mining executive with over 27 years international industry experience Greg Cochran Executive roles in business development, operations and projects in various commodities Managing Director Former compan