Deep Yellow Limited · ASX:DYL
Deep Yellow — Non-Deal Roadshow (June 2010)
41 slides from Deep Yellow's roadshow presentation, Jun 29, 2010
Slide 1: Uranium Investor Road Show
For personal use only Uranium Investor Road Show BGF Equities and Canary Events Melbourne to Sydney 29‐30 June 2010 Patrick Mutz ‐ Managing Director ASX Code: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer For personal use only Forward Looking Statements This presentation has been prepared by Deep Yellow Limited ((“Deep Deep Yellow Yellow”)). The information contained in this presentation is of a general nature only and does not constitute and offer to issue, or to arrange an issue, of secu
Slide 3: Overview
Overview For personal use only Company Mission and Vision Corporate Profile Share and Market Cap, Top 10, Cash, B&M Project Locations & Portfolio Summary Project j Summaryy Project Pyramid Uranium Resources Summaryy Omahola Project PFS Emerging New Projects The Next 12 Months
Slide 4: Company Profile and Vision
Company Profile and Vision For personal use only • Deep Yellow Limited (DYL) is an Australian‐ based uranium focused company with extensive operations in the southern African nation of Namibia and Australia. • DYL is i targeting becoming b a uranium i producer d in Namibia in 2013‐14 as it strives t
Slide 5: Corporate Profile
Corporate Profile For personal use only Shares on Issue: 1,125.8M Unlisted Options p Exercise Price Expiry p y Date 787,500 64.5 cents 30/06/2010 12,500,000 59.5 cents 30/11/2010 Unlisted Options: 41.8M 2 437 500 2,437,500 59 6 cents 59.6 31/12/2010 612,500 74.6 cents 30/06/2011 8,462,500 27.5 cents
Slide 6: Market Capitalisation
Market Capitalisation For personal use only 1st April 2010
Slide 7: Top Ten Shareholders
Top Ten Shareholders For personal use only Shareholder Name Ordinary Shares Percent Paladin Energy Ltd 220 258 461 220,258,461 19 56 19.56 HSBC Custody Nominees (Aus) Ltd 132,486,113 11.77 Robert Anthony Healy 77,907,105 6.92 Dr Leon Eugene Pretorius 66,365,000 5.89 Gillian Swaby 40,673,333 3.61 Mr
Slide 8: Board and Management
Board and Management For personal use only Board of Directors Mr Mervyn Greene – Chairman Mr Patrick Mutz – Managing Director Mr Martin Kavanagh – Executive Director Ms Gillian Swaby – Non‐Executive Director Mr Tony o y McDonald c o a d – Non‐Executive o ecut e Director ecto (independent) ( depe de
Slide 9: Project Locations - Africa
Project Locations ‐ Africa For personal use only NAMIBIA Exploration operations conducted by Deep Yellow’s y wholly‐owned subsidiaryy Reptile Uranium Namibia (RUN)
Slide 10: Project Locations - Namibia
Project Locations ‐ Namibia For personal use only 4,195 km2 Exploration area with substantial uranium i resources
Slide 11: Project Locations - Australia - QLD
Project Locations – Australia ‐ QLD For personal use only Queensland Mount ISA Projects 1688 km2 Exploration area with some uranium resources
Slide 12: Project Locations - Australia - NT
Project Locations – Australia ‐ NT For personal use only Northern Territory Projects 28,180 km2 Exploration area with uranium resources
Slide 13: Project Pyramid
Project Pyramid For personal use only PRODUCTION DEVELOPMENT FEASIBILITY STUDIES JORC RESOURCES EXPLORATION PROJECTS GREENFIELD EXPLORATION TARGET AREAS EXPLORATION LICENCE APPLICATIONS
Slide 14: Project Pyramid
Project Pyramid For personal use only PRODUCTION ? DEVELOPMENT PROJECTS ? OMAHOLA PROJECT FEASIBILITY STUDIES (PFS) June 2010 T b Tubas Sl Slance Tumas Bambino Napperby (i) JORC RESOURCES INCA (i) Thanksgiving TRS (i) Queen’s Gift Aussinanis Eldorado North T Tumas-Oryx O S Slance EXPLORATION Tubas A
Slide 15: Uranium Resources
Uranium Resources For personal use only JORC Mineral Resource Estimates Summary – MAY 2010 U3O8 U3O8 U3O8 U3O8 Deposit Category M Tonne (ppm) (%) (t) (Mlb) REPTILE URANIUM NAMIBIA (RUN) Omahola Project INCA * Inferred 10.0 402 0.040 4,066 9.0 Future production INCA * Indicated 6.0 392 0.039 2,300
Slide 16: Uranium Resources
Uranium Resources For personal use only JORC Mineral Resource Estimates Summary – MAY 2010 U3O8 U3O8 U3O8 U3O8 Deposit Category M Tonne (ppm) (%) (t) (Mlb) REPTILE URANIUM NAMIBIA (RUN) Omahola Project INCA * Inferred 10.0 402 0.040 4,066 9.0 INCA * Indicated 6.0 392 0.039 2,300 5.0 Expanded resou
Slide 17: Uranium Resources
Uranium Resources For personal use only JORC Mineral Resource Estimates Summary – MAY 2010 U3O8 U3O8 U3O8 U3O8 Deposit Category M Tonne (ppm) (%) (t) (Mlb) REPTILE URANIUM NAMIBIA (RUN) Omahola Project INCA * Inferred 10.0 402 0.040 4,066 9.0 INCA * Indicated 6.0 392 0.039 2,300 5.0 Tubas Red Sand
Slide 18: Uranium Resources
Uranium Resources For personal use only JORC Mineral Resource Estimates Summary – MAY 2010 Resource U3O8 U3O8 U3O8 U3O8 expansion due Deposit Category M Tonne (ppm) (%) (t) (Mlb) in September REPTILE URANIUM NAMIBIA (RUN) Quarter Omahola Project INCA * Inferred 10.0 402 0.040 4,066 9.0 INCA * Indi
Slide 19: Resource Areas Drillholes - Namibia
Resource Areas Drillholes ‐ Namibia For personal use only
Slide 20: Deep Yellow Uranium Resources
Deep Yellow Uranium Resources For personal use only Uranium Resources in accordance w/JORC Code 120 Indicated ? 100 Inferred 80 3O8 Pounds U3 60 Million P 40 20 0 1‐Jan‐07 1‐Jan‐08 1‐Jan‐09 1‐Jan‐10 1‐Jan‐11
Slide 21: Market Cap and Uranium Resources
Market Cap and Uranium Resources For personal use only DYL Market Cap and Uranium Resources 400 100 350 90 on) 300 O8 (millio 80 million) 250 Market Cap p 70 A$ (m Lbs U3O 200 Lbs U3O8 60 150 50 100 50 40 0 30
Slide 22: Market Cap per Resource Lb U3O8
Market Cap per Resource Lb U3O8 For personal use only DYL Market Cap per Resource Lb U3O8 12.00 10.00 A$ per LLb U3O8 8.00 6.00 4.00 2.00 0.00
Slide 23: Omahola Project
Omahola Project For personal use only The Omahola Project is the subject of a Pre‐Feasibility St d (PFS) being Study b i conducted d t d byb SNC Lavalin L li – Johannesburg J h b Project uranium resources consist of two deposits: INCA deposit – unique uranium and magnetite mineralisation Tubas Red S
Slide 24: Omahola Project - INCA Deposit
Omahola Project – INCA Deposit For personal use only INCA deposit Unique uranium and magnetite mineralisation IInitial iti l JORC RResource estimate ti t 1616.0 0 M ttonnes att 400 ppm eU3O8 containing 14.0 M lbs eU3O8 at 200 ppm U3O8 cut‐off cut off grade Shallow mineralisation from ~20 metres dept
Slide 25: Omahola Project - TRS Deposit
Omahola Project – TRS Deposit For personal use only Tubas Red Sand (TRS) deposit Wind blown red sands with uranium mineralisation Wind‐blown Initial JORC Resource 13.8 M tonnes at 160 ppm eU3O8 containingg 4.9 M lbs eU3O8 at 100 pp ppm U3O8 cut‐off ggrade From surface to ~13 metres depth Available
Slide 26: Omahola Project - PFS
Omahola Project ‐ PFS For personal use only Pre‐Feasibility Pre Feasibility Study (PFS) Study launched in March 2010 SNC Lavalin lead engineering consultant and Study Manager Metallurgical testwork by Mintek – Johannesburg Draft PFS anticipated in December Quarter 2010
Slide 27: Omahola Project - Development
Omahola Project – Development For personal use only Forward Looking Targets for Project Development PFS March‐December 2010 Definitive Feasibility Study (DFS); ( ) targeting 2011** Environmental approvals pp and licensing; g; targeting g g 2011‐2012* Project development and construction; targeting 2
Slide 28: Emerging New Projects
Emerging New Projects For personal use only Tubas Alaskite Prospect Discovery of high‐grade alaskite hosted uranium mineralisation announced 29 April 2010 ALAR13 intersected 89 metres at 400 ppm cU3O8 Shiyela Magnetite Prospect Results of evaluation of magnetite cores sample yields high‐grade
Slide 29: New Projects - Locations
New Projects – Locations For personal use only Shiyela Prospect
Slide 30: New Projects - Tubas Alaskite
New Projects – Tubas Alaskite For personal use only Regional aeromagnetic image with Tubas Alaskite Prospect relative to known uranium mineralisation
Slide 31: New Projects - Shiyela Magnetite
New Projects – Shiyela Magnetite For personal use only Total Magnetic Intensity (TMI) Image from RUN aeromagnetic survey - showing regional extent of interpreted ‘high magnetic terrain’ (red) within EPL 3496
Slide 32: New Projects - Shiyela
New Projects – Shiyela For personal use only Total Magnetic Intensity (TMI) Image over 1st Vertical Derivative aeromagnetic image with highest magnetic intensity in red
Slide 33: New Projects - Nova EPL 3668
New Projects – Nova EPL 3668 For personal use only
Slide 34: The Next Months
The Next 12 Months For personal use only Continue to expand uranium resource base Complete PFS on Omahola; embark on DFS PFS or Scoping Study on Tubas high‐grade resource subset Advance drilling on emerging new projects Tubas Alaskite and Shiyela Magnetite Continue i reconnaissance i d drilling il
Slide 35: Contact Details
Contact Details For personal use only Patrick Mutz Managing Director Deep Yellow Limited Level 1, 1 329 Hay Street Subiaco, Western Australia 6008 T +61 8 9286 6999 F +61 8 9286 6969 EEmail: il info@deepyellow.com.au i f @d ll Website: www.deepyellow.com.au
Slide 36: Uranium Market
Uranium Market Spot Price (24 June 2010) Term Price (24 June 2010) For personal use only UxC: US$40.75 UxC: US$58 TradeTech: US$40.75 TradeTech: US$60 Source: The Ux Consulting Company Company, LLC, LLC http://www.uxc.com/ http://www uxc com/
Slide 37: JORC Compliance Statements
JORC Compliance Statements For personal use only INCA and Tubas Red Sand deposits The information in this report that relates to the Mineral Resource for the INCA and Tubas Red Sand deposits is based on information compiled by Mr Mike Hall, Hall who is a Member of The Australasian Institute of Minin
Slide 38: JORC Compliance Statements
JORC Compliance Statements For personal use only Aussinanis and Tumas deposits The information in this report that relates Mineral Resource estimation for Aussinanis and Tumas is based on work completed by Mr Jonathon Abbott who is a full time employee of Hellman and Schofield Pty Ltd and a Member o
Slide 39: JORC Compliance Statements
JORC Compliance Statements For personal use only Tubas deposit The information in this report that relates Mineral Resource estimation for Tubas is based on work completed by Mr Willem H.H Kotzé Pr. Pr Sci. Sci Nat MSAIMM. MSAIMM Mr Kotzé who is a full time employee of Hellman and Schofield Pty Ltd
Slide 40: JORC Compliance Statements
JORC Compliance Statements For personal use only Mount Isa Projects The information in this report that relates to Mineral Resource estimation for the Mount Isa Projects is based on work compiled by Mr Neil Inwood, Inwood a Member of the Australasian Institute of Mining and Metallurgy. Metallurgy Mr
Slide 41: JORC Compliance Statements
JORC Compliance Statements For personal use only Napperby Project The information in this report that relates to Mineral Resource estimation for the Napperby Project is based on information compiled by Mr Daniel Guibal who is a Fellow (CP) of the Australasian Institute of Mining and Metallurgy. Mr G