Deep Yellow Limited · ASX:DYL
Deep Yellow — Euroz Hartleys Rottnest Island Conference 2022
23 slides from Deep Yellow's conference presentation, Mar 9, 2022
Slide 1: News Release: Corporate Presentation Euroz Hartleys
NEWS RELEASE 9 March 2022 For personal use only CORPORATE PRESENTATION EUROZ HARTLEYS We attach the Corporate Presentation for Euroz Hartleys, Rottnest Island Conference. JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement was authorised for release by Mr John Borshoff, Man
Slide 2: Euroz Hartleys Rottnest Island Conference 2022
Click Deep to edit Yellow Master title style Limited For personal use only Click to edit Master text styles Euroz● Hartleys o Third level Rottnest Island Second level Conference 2022 Fourth level Fifth level 8 March 2022 John Borshoff Managing Director/CEO DYL: ASX / NSX (Namibia) DYLLF: OCTQX 2021
Slide 3: Disclaimer, Previously Reported Information and Competent Person Statement
Disclaimer, Previously Reported Information and Competent Person Statement For personal use only Disclaimer including but not limited to general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; conclusions of Competent Person
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 Positive exploration re
Slide 6: Corporate Overview
Corporate Overview For personal use only BOARD CAPITAL STRUCTURE – March 2022 Chris Salisbury ** Non-Exec Chairman Shares on Issue 387M John Borshoff * MD/CEO Market Cap (A$0.91/share) A$352M Gillian Swaby * Exec Director Net Cash (December 2021) A$72M Greg Meyerowitz Non-Exec Director Major Shareho
Slide 7: Nuclear and Uranium Excellent Upside
For personal use only Nuclear and Uranium Excellent Upside 6
Slide 8: Energy Crisis, Political Instability - providing added emphasis for nuclear
Energy Crisis, Political Instability - providing added emphasis for nuclear For personal use only ● Potential for major supply chain disruption - oil, gas and nuclear fuels. ● Permanent shift occurring in global attitude towards Russia – and global thinking on energy security ● Mid to long term cons
Slide 9: 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 10: Demand Fundamentals Changing Dramatically
Demand Fundamentals Changing Dramatically For personal use only Clear change in nuclear sentiment will drive increased growth GROWTH INCREASING ABOVE EXPECTATION 2023-2050 AND BEYOND ● Realisation renewables are unable to provide clean baseload power supply ● China commitment to nuclear unabated – 5
Slide 11: Supply Fundamentals Changing Dramatically
Supply Fundamentals Changing Dramatically For personal use only Clear change in uranium market fundamentals in post-Fukushima recovery IMPENDING SHORTAGES AND SUPPLY DISRUPTION - WHO WILL BE THE NEW BUILDERS? ● Large, long-life operations have ceased production – Ranger (Aust), Cominak (Niger) ● No
Slide 12: Organic Growth (Namibia) Strong Assets with Upside
For personal use only Organic Growth (Namibia) Strong Assets with Upside 11
Slide 13: 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 14: 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 15: 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 16: 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 17: 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 18: Looking Ahead
For personal use only Looking Ahead 17
Slide 19: 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 20: 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 21: 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 Impending change of supply channels
Slide 22: JORC Mineral Resource Table
JORC Mineral Cut-off Tonnes U3O8 U3O8 U3O8 Resource Categories (Mlb U3O8) Deposit Category (ppm (M) (ppm) (t) (Mlb) Measured Indicated Inferred U3O8) Resource Table BASEMENT MINERALISATION Omahola Project - JORC 2012 INCA Deposit ♦ Indicated 100 21.4 260 5,600 12.3 - 12.3 - 100 For personal use only
Slide 23: 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 22
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