Deep Yellow Limited · ASX:DYL
Deep Yellow — 121 Mining Investment EMEA Conference 2021
23 slides from Deep Yellow's conference presentation, May 25, 2021
Slide 1: Corporate Presentation 121 Mining Investment EMEA Conference
NEWS RELEASE 25 May 2021 CORPORATE PRESENTATION 121 MINING INVESTMENT EMEA CONFERENCE We attach a Corporate Presentation for the 121 Mining Investment EMEA Conference. Yours faithfully JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement was authorised for release by Mr John
Slide 2: About Deep Yellow Limited
About Deep Yellow Limited Deep Yellow Limited is a differentiated, advanced uranium exploration company in pre- development phase, implementing a contrarian strategy to grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company’s uranium projects
Slide 3: Building a Tier-One Uranium Producer
Click to Building edit Master title style a Tier-One Uranium Producer Click to edit Master text styles ● Second level o Third level 121 Mining Investment Fourth level Fifth level Conference EMEA May 25-27, 2021 John Borshoff Managing Director/CEO DYL: ASX / NSX (Namibia) DYLLF: OCTQX 1 1
Slide 4: Disclaimer, Previously Reported Information and Competent Person Statement
Disclaimer, Previously Reported Information and Competent Person Statement Disclaimer developed based on assumptions about such risks, uncertainties and other factors, including but not limited to general business, economic, competitive, political and underpinning the Mineral Resource and Ore Reserv
Slide 5: Deep Yellow Differentiated
Deep Yellow Differentiated 3
Slide 6: Deep Yellow Well Positioned for Growth
Deep Yellow Well Positioned for Growth ● Project portfolio is located in Namibia, a premier uranium mining jurisdiction with a long history of mining ● Dual-pillar growth strategy to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer ● Led by a standout uranium team o
Slide 7: 75 Year Nuclear History – 3 Cycles, Prices and Production
75 Year Nuclear History – 3 Cycles, Prices and Production 5
Slide 8: Emerging Cycle 4 – A Decarbonisation-Inspired Exploration Boom
Emerging Cycle 4 – A Decarbonisation-Inspired Exploration Boom • In addition to looming supply shortage the situation will be further exacerbated by ambitious decarbonisation targets that have been set to achieve over next 30 years 6
Slide 9: Who Will Build The New Mines?
Who Will Build The New Mines? Only three Juniors outside US went into Production in 75 Years 7
Slide 10: 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 Feb 2011 Strong Disconnect (pre- 443 62 156 322 80kt $73/lb Fukushima) May 2021 442 54 102 325 80.5kt $30.25/lb Sou
Slide 11: Advancing the Dual-Pillar Expansion Strategy
Advancing the Dual-Pillar Expansion Strategy Key Ingredients Remain for Execution of Stated Growth Strategy Comprising both organic (Namibian project portfolio) and inorganic growth (targeted M&A) Fundamental supply/demand disconnect remains unresponsive to the post 2023/24 predicted uranium shortag
Slide 12: Right Team, Right Time, Right Commodity
Right Team, Right Time, Right Commodity The Key Pillars Available to Deep Yellow to Build a Tier 1 Uranium Platform Experienced Proven Vision & Cohesive Growth Funding Track & Team Strategy Support Record Leadership Across All Disciplines APPLIED TO Existing Namibian Sector Projects Consolidation En
Slide 13: The Tumas Project PFS completed/DFS underway
The Tumas Project PFS completed/DFS underway 11
Slide 14: Operating in a Premier Uranium Mining Jurisdiction
Operating in a Premier Uranium Mining Jurisdiction Excellent jurisdiction and infrastructure for development and mining Responsible for ~6% of global uranium output Namibia has a long history of uranium mining - currently the world’s 4th largest uranium producer producing 320Mlb since 1974 Large Pro
Slide 15: Tumas Overview
Tumas Overview Page 1 of 2 Multiple deposits discovered along 55km of the 125km of regional channel explored to date Tumas Project within 100% owned Reptile tenements Only 50% of the 125km highly prospective palaeochannel system has been tested Exploration since early 2017 has increased the resource
Slide 16: Tumas Project DFS Underway following PFS
Tumas Project DFS Underway following PFS ● Focused on an open-pit mining operation, with a production capacity of 3Mlb U3O8 per annum ● Positive PFS completed Jan’21 using only 50% of the total Mineral Resources with strong economic and growth characteristic on a 12-year LOM Impressive 63% conversio
Slide 17: DFS - 20 year LoM Target Showing Significant Upside
DFS - 20 year LoM Target Showing Significant Upside ● Commencement of detailed trade-off and optimisation studies ● Metallurgical test work and analysis commenced ● Resource upgrade drilling – phase 1 of 3 completed, phase 2 underway FORECAST FINANCIAL OUTCOMES US$ PFS- DFS-20 yr LOM Item Units 12yr
Slide 18: Looking Ahead
Looking Ahead 16
Slide 19: Well Funded - Efficient and Effective Capital Spend
Well Funded - Efficient and Effective Capital Spend $27M 17
Slide 20: Corporate Overview
Corporate Overview BOARD CAPITAL STRUCTURE – 25 May 2021 Chris Salisbury Non-Exec Chairman Shares on Issue 328M John Borshoff * MD/CEO Listed Options (A$0.50/1 June 2022*) 54M Gillian Swaby * Exec Director Market Cap (@ A$0.84/share) 25 May 2021 A$276M Rudolf Brunovs Non-Exec Director A$51M Net Cash
Slide 21: Strong Pipeline of Newsflow
Strong Pipeline of Newsflow ● 16,000m DFS resource upgrade drilling currently underway ● Drilling focussed on converting the remaining Mineral Resources to Ore Reserve status: February: Drilling Tumas 3 East (3,000 to 3,500m) COMPLETED AND ANNOUNCED (4 MAY) May: Drilling Tumas 3 West (4,500 to 6,000
Slide 22: A Different and Exciting Investment Thesis
A Different and Exciting Investment Thesis ● Deep Yellow has a differentiated approach for value creation built around a looming uranium shortage o Substantial new production will be required with the sector is ill-prepared to deliver o Lack of sufficient proven expertise and experience to build new
Slide 23: For further information
For further information: T: +61 8 9286 6999 E: info@deepyellow.com.au W: www.deepyellow.com.au : @deepyellowltd : deep-yellow-limited 21
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