Deep Yellow Limited · ASX:DYL
Deep Yellow — Shareholder Meeting (November 2020)
20 slides from Deep Yellow's shareholder meeting presentation, Nov 26, 2020
Slide 1: 2020 AGM Corporate Presentation
NEWS RELEASE 26 November 2020 2020 AGM CORPORATE PRESENTATION We enclose the Corporate Presentation to be presented at today’s Annual General Meeting. Yours faithfully JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement was authorised for release by Mr John Borshoff, Managi
Slide 2: 2020 Annual General Meeting Shareholder Update
Deep Yellow Limited 2020 Annual General Meeting Shareholder Update 26 November 2020 John Borshoff Managing Director/CEO DYL: ASX / NSX (Namibia) 1 DYLLF: OCTQX
Slide 3: Disclaimer and Competent Person Statement
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 the future performance
Slide 4: Supply/Demand Equation - Highly in Favour of Future Producers
Supply/Demand Equation - Highly in Favour of Future Producers Growth in nuclear remains strong in China, India, Russia and the Middle East 8-10 reactors per year to 2030 New countries opting in for nuclear – Poland and South Africa Small Modular Reactors (SMR) giving nuclear extra optionality for de
Slide 5: Uranium Price Primed for Recovery
Uranium Price Primed for Recovery NUCLEAR DEMAND STRONG CLEAR URANIUM PRICE LAG Prevailing Operable Under U308 Date/Event Planned Proposed U308 Price Reactors Construction Required USD Strong Disconnect Feb 2011 (pre- 443 62 156 322 80kt $73/lb Fukushima) Nov 2020 441 53 100 326 80.5kt $29.40/lb Sou
Slide 6: Major Nuclear Cycles 1945 to 2020 – with strong outlook
Major Nuclear Cycles 1945 to 2020 – with strong outlook 5
Slide 7: Market Cap Largest U Companies: 2010-2020
Market Cap 20 Largest U Companies: 2010-2020 Excluding Kazatomprom US$29.40/lb US$25/lb (Nov ‘20) (Dec ‘19) 2020 6
Slide 8: Uranium Spot Price – 12 Months (Dec '19 to Nov '20)
Uranium Spot Price – 12 Months (Dec ‘19 to Nov ’20) DOWN 15% COVID EFFECT 7
Slide 9: Deep Yellow Share Price - 12 Months Dec '19 to Nov '20
Deep Yellow Share Price - 12 Months-Dec ‘19 to Nov ‘20 26/11/2020 Source: Market Index 8
Slide 10: Differentiated with a Unique Growth Strategy
Deep Yellow Differentiated with a Unique Growth Strategy 9
Slide 11: Key Ingredient for Success - A Standout Uranium Team
Key Ingredient for Success- 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 t
Slide 12: Executing a Counter-Cyclical Strategy
Executing a Counter-Cyclical Strategy Key Achievements Over Past 12 Months Resources expanded substantially at the Reptile project, Namibia Tumas Project PFS near completion JOGMEC (Japanese entity) completed $4.5M earn-in at adjacent Nova JV September 2020. Highly prospective target currently
Slide 13: Namibia: A Premier Uranium Jurisdiction
Namibia: A Premier Uranium Jurisdiction Large, proven uranium province with exceptional prospectivity Province contains 1.5Blb U3O8 Measured and Indicated Resources With additional 350Mlb U3O8 Inferred resources Large capacity, long-life mining operations Rössing – 11Mlb/pa design (operating at lowe
Slide 14: Tumas Deposit
Tumas 3 Deposit Overall Tumas 3 Resource 36.8Mlb at 328ppm eU3O8 24.1Mlb Indicated Resources at 313ppm 12.7Mlb Inferred Resources at 358ppm Total Measured/Indicated Resources in Tumas 1, 2 and 3 at 37.2Mlb at 337ppm Tumas 3 Deposit, with infill drill hole locations and GT contours over palaeochannel
Slide 15: Tumas PFS - Highly Encouraging and Nearly Completed
Tumas PFS - Highly Encouraging and Nearly Completed • PFS test work delivering equal to or better than assumptions used in the Dec ‘19 Scoping Study • Key Benchmarks of Scoping Study o LOM: > 20 years o OPEX: low cash cost < US$30/lb o Annual production: 2.5Mlb to 3Mlb o CAPEX: Circa US$100M per 1Ml
Slide 16: Nova JV - Breakthrough Results at Barking Gecko
Nova JV - Breakthrough Results at Barking Gecko Large anomalous mineralised zone identified at Barking Gecko in alaskite-type basement target Thick zones of uranium intersected Grades vary from 216 to 385ppm eU3O8 4km x 1km highly prospective zone defined Target similarities with Rössing and Husab M
Slide 17: Establishing a Multi-Project Global Uranium Platform
Establishing a Multi-Project Global Uranium Platform ● Unique Strategy ● Right Timing ● Standout Team ● Well Funded 16
Slide 18: A Significant Opportunity for Deep Yellow
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 TO Existing Sector Nami
Slide 19: Conclusions
Conclusions ● A re-energised, well-funded Company entering pre-development stage that is highly differentiated from other mid-sized uranium market players ● Outlook for uranium is very positive, with nuclear power integral to meeting clean energy targets ● Well positioned to continue successful exec
Slide 20: Thank you
Thank you For further information: T: +61 8 9286 6999 E: info@deepyellow.com.au W: www.deepyellow.com.au : @deepyellowltd : deep-yellow-limited 19