Deep Yellow Limited · ASX:DYL
Deep Yellow — HC Wainwright 23rd Annual Global Investment Conference 2021
24 slides from Deep Yellow's conference presentation, Sep 14, 2021
Slide 1: News Release: Corporate Presentation HC Wainwright Conference
NEWS RELEASE 14 September 2021 CORPORATE PRESENTATION HC WAINWRIGHT CONFERENCE For personal use only We attach a Corporate Presentation for the HC Wainwright & Co 23rd Annual Global Investment Conference. Yours faithfully JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement
Slide 2: Building a Tier-One Uranium Producer
Building Click to a Tier-One edit Master title style Uranium Producer For personal use only Click to edit Master text styles ● Second level o Third level HC Wainwright 23rd Annual Global Fourth level Fifth level Investment Conference September 13-15, 2021 John Borshoff Managing Director/CEO DYL: ASX
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 underpinning the Mineral R
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: Strategically Positioned, Well-Funded
Deep Yellow Group: Strategically Positioned, Well-Funded For personal use only ● Continue dual-pillar growth strategy to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer ● Project portfolio located in Namibia ● Excellent progression and growth of Tumas Project, with
Slide 6: Right Team, Right Time, Right Commodity
Right Team, Right Time, Right Commodity For personal use only 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 Pro
Slide 7: Continued Focus on ESG
Continued Focus on ESG For personal use only Deep Yellow is focused on creating long-term value for all its stakeholders Recognise early implementation of key ESG pillars and objectives is critical in guiding sustainable practices Maiden Sustainability Report released in 2020 Provides a strong platf
Slide 8: Corporate Overview
Corporate Overview For personal use only BOARD CAPITAL STRUCTURE – August 2021 Chris Salisbury Non-Exec Chairman Shares on Issue 330M John Borshoff * MD/CEO Listed Options (A$0.50/1 June 2022*) 50M Gillian Swaby * Exec Director Market Cap (@ A$1.00/share) 8 Sept 2021 A$330M Rudolf Brunovs Non-Exec D
Slide 9: Nuclear and Uranium: Excellent Upside
For personal use only Nuclear and Uranium Excellent Upside 8
Slide 10: Global Decarbonisation – Nuclear Essential
Global Decarbonisation – Nuclear Essential giving additional impetus for growth For personal use only Ambitious global decarbonisation targets set to be achieved over next 30 years will drive an even greater need for nuclear Renewables alone inadequate Why nuclear? o sustainable o safe o zero carbon
Slide 11: Emerging Uranium Exploration Revival
Emerging Uranium Exploration Revival For personal use only Looming supply shortage Most countries declaring zero emission by 2050 which will require more renewables AND nuclear Additional uranium supply required to meet aggressive, global decarbonisation targets All signs point to an emerging cycle
Slide 12: Uranium Demand 2020-2040
Uranium Demand 2020-2040 Uranium For personal use only Supply/Demand- confirms looming shortage Lower, Reference and Upper Case Scenarios Source: WNA Sept 2021 Supply Shortage on Reference Scenario Reference Case Scenario “Unspecified Inventory” Primary Mine and Secondary Supply 11 Source: WNA Sept
Slide 13: Uranium Price Movement – Historic & Current
Uranium Price Movement – Historic & Current For personal use only Uranium Prices 1968-2021 The price correction has started Source: TradeTech Mar/Apr 2020 - Monthly Spot Price 40 * Data from Trade Tech COVID impacts 38 Aug 2021 - Sprott uranium 36 production initiate uranium purchase program 34 32 U
Slide 14: Namibian Project Portfolio: Strong Assets, with Upside
For personal use only Namibian Project Portfolio Strong Assets, with Upside 13
Slide 15: 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 Rössing – 11Mlb/pa design Husab – 15Mlb/pa design Established 2016 Langer Heinrich 5Mlb/pa design Established 2007 Projects situ
Slide 16: Tumas Project Overview
Tumas Project Overview For personal use only Page 1 of 2 Tumas Project - 95% Reptile Tumas Project is similar to Langer Heinrich deposit and very well understood by the Deep Yellow team Multiple deposits discovered with only 60% of MLA 237 125km highly prospective palaeochannel system tested Signifi
Slide 17: Tumas Status following DFS Resource Upgrade
Tumas 3 Status following DFS Resource Upgrade For personal use only Mineralised drill holes (over 100ppm cut-off) Interpreted structure June 2021 from magnetic anomaly Unmineralised drill holes 10 m depth to basement outline June 2021
Slide 18: Infill Drilling Delivers Excellent Resource Base
Infill Drilling Delivers Excellent Resource Base For personal use only ● DFS resource upgrade drilling program highly successful ● Tumas 3 converted 117% of existing Inferred Resources to Indicated Resource category ● Tumas 1 converted 102% of existing Inferred Resources to Indicated Resource catego
Slide 19: DFS Progressing as Planned
DFS Progressing as Planned For personal use only ● An open-pit mining operation, with a FORECAST DFS FINANCIAL OUTCOMES production capacity of 3Mlb U3O8 per annum 20yr LOM Item Units (TARGETS) ● Primary objective to achieve a 20+ year LOM Plant Capacity Mlb U3O8 pa 3 operation Operating Margin (EBIT
Slide 20: Barking Gecko Alaskite Target - Drilling Results
Barking Gecko Alaskite Target - Drilling Results For personal use only Thickness eU3O8 Nova JV Hole ID FROM TO (m) (m) (ppm) TN245RC 36 66 30 335 TN246RC 73 85 12 287 82 95 13 412 TN253RC 120 180 60 220 90 98 8 561 178 195 17 465 TN258RC 199 220 21 901 234 253 19 254 TN260RC 130 142 12 429 TN261RC 1
Slide 21: Looking Ahead
For personal use only Looking Ahead 20
Slide 22: Efficient and Effective Capital Spend
Efficient and Effective Capital Spend For personal use only Achievements 2017 – 2021 • 1:20 Company consolidation (January 2017) • Identification of world class deposit • Positive results in Scoping Study and PFS • DFS commenced Feb '21 for a 20 year LoM project • JV with JOGMEC (Jan 2017) - $4.5M e
Slide 23: Conclusions
Conclusions For personal use only ● Deep Yellow has a differentiated approach for value creation built around o A looming uranium shortage o Substantial additional production required as demand for nuclear increases due to aggressive decarbonisation targets o Proven, highly credentialed uranium team
Slide 24: 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 23
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