Deep Yellow Limited · ASX:DYL
Deep Yellow — Shareholder Meeting (November 2022)
23 slides from Deep Yellow's shareholder meeting presentation, Nov 25, 2022
Slide 1: 2022 AGM Corporate Presentation
NEWS RELEASE 25 November 2022 2022 AGM CORPORATE PRESENTATION We enclose the Corporate Presentation for today’s Annual General Meeting. Yours faithfully JOHN BORSHOFF Managing Director/CEO Deep Yellow Limited This ASX announcement was authorised for release by Mr John Borshoff, Managing Director/CEO
Slide 2: Deep Yellow Limited 2022 Annual General Meeting
Deep Yellow Limited 2022 Annual General Meeting Shareholder Update 25 November 2022 John Borshoff Managing Director/CEO DYL: ASX / NSX (Namibia) DYLLF: OCTQX 2021 WINNER 1 1 ESG Leader
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Deep Yellow Limited ABN 97 006 391 the Company’s future financial performance or condition or prospects. Investors looking statements. There can be no assurance that the Company’s plans for 948 (Company or Deep Yellow) for general information purpose
Slide 4: Strong Building Blocks to Establish a Tier-One Uranium Company
Strong Building Blocks to Establish a Tier-One Uranium Company 3
Slide 5: The Chairman, the Managing Director & the Team – Trail tells the Tale
The Chairman, the Managing Director & the Team – Trail tells the Tale Both Chris (Chairman) and myself (MD) involved with uranium a long time. My experience since 1975 with multi nationals and junior start ups Founded Paladin Energy in 1993 focussed on uranium Highly successful - only junior to deve
Slide 6: A Company with Increasing Global Scale
A Company with Increasing Global Scale Deep Yellow has the largest uranium resource base of any pure-play ASX- listed company, with an attributable Mineral Resource base of 389Mlb Once in production, Deep Yellow will be the largest pure-play uranium producer on the ASX - potential production capacit
Slide 7: A Year of Rapid Advancement
A Year of Rapid Advancement MARKET CAP Nov ‘22 $520M MARKET CAP Nov ‘21 $360M Page 1 of 2 Largest Uranium Resource on ASX(1) Two Highly Advanced Projects Production Potential 6.5Mlbpa Highly Credentialled Board Greater Geographic Diversity A New Project In Our Backyard (WA) Namibia Asset Concentrati
Slide 8: Corporate Snapshot
Corporate Snapshot Well-positioned financially to execute growth strategy 1.40 Capital Structure(2) Shares on Issue 731.7M 1.20 Share Price(1) A$0.71 1.00 Share Price (A$/Share) Market Cap (1) A$520M 0.80 Net Cash(2) A$66.5M 0.60 Nil Debt Majority Shareholders(1) 0.40 Board / Management 4.89% 0.20 P
Slide 9: Organic & Inorganic Growth Strong Assets, with Upside
Organic & Inorganic Growth Strong Assets, with Upside 8
Slide 10: Geographically Diversified, Advanced Project Portfolio
Geographically Diversified, Advanced Project Portfolio • Project portfolio provides diversity by Advanced-stage asset, stage of development and Early-stage to continue geographic location organic pipeline • Operating across Omahola Alligator River two Tier-1 mining Namibia Northern Territory jurisdi
Slide 11: Tumas Project DFS Update
Tumas Project DFS Update ● An open-pit mining operation, with production capacity up Page 1 of 2 to 3.6Mlb U3O8 per annum PRELIMINARY DFS FINANCIAL OUTCOMES (3 Feb '22) ● Up to 26 year LOM operation with strong upside 25.75yr LOM Item Units (TARGETS*) ● Inferred Resources of 48.2Mlb available with p
Slide 12: Mulga Rock Project Update
Mulga Rock Project Update MULGA ROCK PROJECT - 100% FY23 Activities ● Located in the Tier-1 mining jurisdiction of Western Australia ● Mining camp established / early works continuing Page 1 of 2 ● Globally significant Mineral Resource of 71.2Mt @ 570ppm for ● 70-80 x 60m deep geo-metallurgical hole
Slide 13: Exceptional Exploration Growth Upside
Exceptional Exploration Growth Upside ALLIGATOR RIVER PROJECT, NORTHERN TERRITORY – 100% OMAHOLA BASEMENT PROJECT - NAMIBIA - 100% Page 1 of 2 ● Located in the world class uranium province of ● Measured, Indicated and Inferred Resource base of 125Mlb Alligator River, which hosts some of the highest-
Slide 14: Nuclear and Uranium Excellent Upside
Nuclear and Uranium Excellent Upside 13
Slide 15: Nuclear Confusion – Article in Australian Today
Nuclear Confusion – Article in Australian Today Page 1 of 2 ● Working Committee of highly experienced Engineers established to propose Plan B for energy ● Growing concerns that Australia’s current trajectory (non- dispatchable wind & solar focus) will irreversibly harm Australia’s geopolitical secur
Slide 16: Electricity – We just need more and more
Price Indicators /lb* Electricity – We just need more and more Spot US$50.25 Mid-Term US$53.00 The bull market for specific commodities is borne out of need to Long-Term US$53.00 produce cleaner electricity in ever-increasing amounts over the long term Growth without fossil fuel will be an enormous
Slide 17: Nuclear, Nuclear & More Nuclear
Nuclear, Nuclear & More Nuclear Coal (36%) Gas (23%) Nuclear is the clear winner and in strong recovery mode Hydropower (15%) Dozens of major economies aligning with their governments demanding Nuclear (10%) more nuclear to get back on track to grow energy availability and making Wind (6%) electrici
Slide 18: Nuclear has the Lowest Cost Profile
Nuclear has the Lowest Cost Profile Figure ES1: Levelised Cost of Energy (LCOE) by Technology Page 1 of 2 Source: Projected Costs of Generating Electricity 2020 –Analysis - IEA 17
Slide 19: Looking Ahead
Looking Ahead 18
Slide 20: Well-Defined M&A Strategy
Well-Defined M&A Strategy ● A growth plan centred on delivering a dual pillar strategy to develop a multi-mine pipeline o Organically via development of existing geographically diverse asset base o Inorganically via asset acquisitions, to develop larger scale with high quality conventional mining as
Slide 21: Deep Yellow is prepared for an extended boom
Deep Yellow is prepared for an extended boom • Vast amounts of new uranium needed over • Uncompromising challenges emerging to the next 30 years to support revived nuclear achieve production aspirations sector • Expect over the next 10 years • Sector is unprepared, shedding staff, keeping • 6 to 10
Slide 22: A Compelling Uranium Story
A Compelling Uranium Story Page 1 of 2 Deep Yellow has the building blocks to establish a Tier-1 mining company: o Tumas Project – a world-class long-life asset, +25-year LOM (3Mlbp.a.) o Mulga Rock Project ~15-year LOM (3.5Mlbp.a.) – strong possibility to improve project economics with critical min
Slide 23: Thank You
THANK YOU For further information: T: +61 8 9286 6999 E: info@deepyellow.com.au W: www.deepyellow.com.au : @deepyellowltd : deep-yellow-limited 24