Deep Yellow Limited · ASX:DYL
Deep Yellow — Bell Potter Unearthed Natural Resources Virtual Conference 2022
21 slides from Deep Yellow's conference presentation, Feb 10, 2022
Slide 1: Corporate Presentation Bell Potter
NEWS RELEASE 10 February 2022 For personal use only CORPORATE PRESENTATION BELL POTTER We attach the Corporate Presentation for today's Bell Potter Unearthed Conference. JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement was authorised for release by Mr John Borshoff, Mana
Slide 2: Bell Potter Unearthed Natural Resources Virtual Conference
Click Deep to edit Yellow Master title style Limited For personal use only Click to edit Master text styles Bell Potter o ThirdUnearthed ● Second level level Natural Resources Virtual Conference Fourth level Fifth level 10 February 2022 John Borshoff Managing Director/CEO DYL: ASX / NSX (Namibia) DY
Slide 3: Disclaimer, Previously Reported Information and Competent Person Statement
Disclaimer, Previously Reported Information and Competent Person Statement For personal use only Disclaimer developed based on assumptions about such risks, uncertainties and other factors, including but not limited to general business, economic, competitive, political and Competent Person Statement
Slide 4: Strong Building Blocks to Establish a Tier-One Operation
For personal use only Strong Building Blocks to Establish a Tier-One Operation 3
Slide 5: Deep Yellow Group: Differentiated and well-funded
Deep Yellow Group: Differentiated and well-funded For personal use only ● Dual-pillar growth strategy in place to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer ● Project portfolio located in Namibia – a Tier 1 uranium mining jurisdiction o Excellent exploration r
Slide 6: Corporate Overview
Corporate Overview For personal use only BOARD CAPITAL STRUCTURE – February 2022 Chris Salisbury ** Non-Exec Chairman Shares on Issue 387M John Borshoff * MD/CEO Market Cap (A$0.77/share) A$298M Gillian Swaby * Exec Director Net Cash (December 2021) A$72M Greg Meyerowitz Non-Exec Director Major Shar
Slide 7: Nuclear and Uranium Excellent Upside
For personal use only Nuclear and Uranium Excellent Upside 6
Slide 8: UN Report Confirms Ultra-Low GHG Footprint for Nuclear
UN Report Confirms Ultra-Low GHG Footprint for Nuclear For personal use only ● Major UN Economic Commission of Europe Study (Oct 2021) outlined CO2 Emissions for Electricity Full Life Cycle CO2 (equivalent) Emissions from various Electricity Generating Technologies Technology/Fuel Availability Grams
Slide 9: Nuclear essential under ALL Circumstances - decarbonisation adding to growth impetus
Nuclear essential under ALL Circumstances - decarbonisation adding to growth impetus For personal use only ● Ambitious global decarbonisation targets set over next 30 years will drive an even greater need for nuclear o Climate control measures becoming increasingly harsher o Recent global government
Slide 10: Supply/Demand Fundamentals Have Changed
Supply/Demand Fundamentals Have Changed For personal use only Clear change in uranium market fundamentals in post-Fukushima recovery SUPPLY - IMPENDING SHORTAGE - WHO WILL BE THE NEW BUILDERS? ● Large, long life operations have ceased production – Ranger (Aust), Cominak (Niger) ● No new production o
Slide 11: Organic Growth (Namibia) Strong Assets with Upside
For personal use only Organic Growth (Namibia) Strong Assets with Upside 10
Slide 12: Namibia – A Tier-One Uranium Mining Jurisdiction
Namibia – A Tier-One Uranium Mining Jurisdiction For personal use only ● Responsible for ~6% of global uranium output ● Large capacity, long-life mining operations established o Rössing – 11Mlb/pa design - Established 1976 o Langer Heinrich - 5Mlb/pa design - Established 2007 o Husab – 15Mlb/pa desi
Slide 13: Tumas Project Overview
Tumas Project Overview For personal use only Page 1 of 2 ● Tumas Project - 95% Reptile ● Similar to Langer Heinrich deposit and very well understood by the Deep Yellow team ● Multiple deposits discovered, with only 60% of 125km highly prospective palaeochannel MLA system tested 237 o Significant gro
Slide 14: 25.75 Year LOM Achieved with Strong Upside
25.75 Year LOM Achieved with Strong Upside For personal use only ● 48.2Mlb Inferred Resources available to further expand Ore Reserve base, with Tumas Probable Ore Reserve Estimates potential to add a further 10+ years to LOM U3O8 Reserve Area Cut- ● Additionally, 40% of the highly prospective Tonne
Slide 15: DFS Firmly on Track
DFS Firmly on Track For personal use only ● An open-pit mining operation, with a FORECAST FINANCIAL OUTCOMES WITH UPDATED RESERVES production capacity of 3Mlb U3O8 pa Item Units LOM* ● LOM increased to 25.75 years from 11.5 years Plant Capacity Mlb U3O8 pa 3 ● DFS testwork confirming and improving P
Slide 16: Exploration Pipeline – Building Organically
Exploration Pipeline – Building Organically For personal use only Omahola Basement Project - New Focus ● Measured, Indicated and Inferred Resource base of 125Mlb at 190ppm U3O8 across the Ongolo, MS7 and Inca deposits ● 50km prospective zone identified, with strong potential for additional discoveri
Slide 17: Looking Ahead
For personal use only Looking Ahead 16
Slide 18: State of Play - Uranium Sector
State of Play - Uranium Sector For personal use only ● Severe expertise destruction within the uranium sector over the past decade o Number of uranium companies globally has reduced significantly o Significant drain of technical and operational expertise ● With a growing global recognition of the ne
Slide 19: Consolidation of the Uranium Sector Essential
Consolidation of the Uranium Sector Essential For personal use only ● Timing is ideal for large-scale consolidation of the uranium sector ● A “once-off” leap frog opportunity to establish a major uranium platform ● Junior sector fragmented, generally inexperienced and underfunded, offering exception
Slide 20: Conclusion
Conclusion For personal use only ● Deep Yellow has an integrated approach for value creation built around: o The looming uranium shortage o Substantial additional supply will be required as demand for nuclear increases, due to aggressive decarbonisation targets o These factors, including lack of sec
Slide 21: For further information
For personal use only For further information: T: +61 8 9286 6999 E: info@deepyellow.com.au W: www.deepyellow.com.au : @deepyellowltd : deep-yellow-limited 20
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