Deep Yellow Limited · ASX:DYL
Deep Yellow — Shareholder Meeting (November 2015)
26 slides from Deep Yellow's shareholder meeting presentation, Nov 5, 2015
Slide 1: Deep Yellow Limited 2015 Annual General Meeting
Deep Yellow Limited For personal use only 2015 Annual General Meeting Perth Greg Cochran – Managing Director ASX: DYL www.deepyellow.com.au
Slide 2: Disclaimer
Disclaimer This document has been prepared by Deep Yellow Limited (Deep Yellow, DYL or the Company) in connection with providing an overview to interested analysts and investors. For personal use only This presentation is being provided for the sole purpose of providing information to enable recipie
Slide 3: Executive Summary
Executive Summary For personal use only ASX listed advanced stage uranium exploration company Namibian-focussed, with three projects: • Palaeochannels – shallow, extensive, low capex potential • Omahola Project – heap leach alaskite, due south of Husab • Tubas Sand Project – shallow, free dig, low c
Slide 4: Presentation Overview
Presentation Overview For personal use only Corporate Snapshot Financial Year Highlights Project Locations DYL’s Strategic Evolution Palaeochannel Project Conclusions 4
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only The Board Capital Structure – as at 04 Nov 2015 Shares on Issue 1,918M Tim Netscher Chairman (Independent) Performance Rights 36.6M Greg Cochran Managing Director Market Cap (@ 1.1c/share) ~ AUD 21.1M Gillian Swaby N.E.D Net Cash ~AUD 3.4M Rudolf Brunovs N.E.
Slide 6: Financial Year Highlights
Financial Year Highlights Corporate For personal use only Operational goals achieved despite continued focus on cost controls reducing cash burn Relatively strong cash position with balance in excess of $3M Additional overhead cash cost savings recently achieved at board and management level Palaeoc
Slide 7: Project Locations
Project Locations For personal use only 3,109 km2 in exploration area* 93.8 Mlbs at 306ppm in resources** Notes: Exploration in Namibia is conducted by DYL’s wholly- owned subsidiary Reptile Uranium Namibia (RUN) * On a 100% basis – EPL Renewals Pending ** Assuming tank leach for Omahola 7
Slide 8: DYL's Strategic Evolution
DYL’s Strategic Evolution Progressing projects cautiously to be well positioned at market recovery Tubas Sand Project: Summary For personal use only Prior to Fukushima, Omahola Project focus : • Hard rock, open pit, acid tank leach • Supplementary supply planned from Tubas Sand Project Alaskite focu
Slide 9: Introduction
Palaeochannels: Introduction 1 JORC 2004 Palaeochannel Resource: 22.2 Mt at 368 ppm for 18 Mlbs U3O8* Tubas Sand Project: Summary For personal use only * Excluding Tubas Sand Deposit 9
Slide 10: Introduction
Palaeochannels: Introduction 2 JORC 2004 Palaeochannel Resource: 22.2 Mt at 368 ppm for 18 Mlbs U3O8* Tubas Sand Project: Summary For personal use only Known deposits from 1970’s/80’s Reason behind original claims being lodged DYL’s primary focus (with the Tubas Sand) prior to Omahola discoveries Ae
Slide 11: Marenica U-pgrade tests
Palaeochannels: Marenica U-pgradeTM tests Tubas Sand Project: Summary For personal use only TM Marenica U-pgrade Physical Beneficiation Process Development closely monitored by DYL Process potentially more effective than Schauenburg (used on the Tubas Sand Project) DYL’s palaeochannels are higher gr
Slide 12: Palaeochannels – Potential Offtakers
Palaeochannels – Potential Offtakers For personal use only Given its prior offtake discussions for the Tubas Sand Project DYL has a good understanding of the potential for offtake 12
Slide 13: Geophysical Interpretation
Palaeochannels: Geophysical Interpretation Layered Tubas SandEarth Inversion (“LEI”) Project: SummaryTechniques Produced Reliable Results For personal use only Layered Earth Inversion section showing good correlation between bedrock depth from drilling and the depth-to-bedrock from auto-picking rout
Slide 14: Geophysical Interpretation
Palaeochannels: Geophysical Interpretation New Tubas Interpretation Sand Project: offered glimpse of significant upside potential Summary For personal use only Map showing interpretation of depth to basement of the palaeochannel system across EPL 3496 14
Slide 15: Geophysical Interpretation
Palaeochannels: Geophysical Interpretation Historical Tubas Sand drilling did not Summary Project: have the benefit of the recent interpretation For personal use only Map showing interpretation of depth to basement and all drilling across EPL 3496 15
Slide 16: Geophysical Interpretation
Palaeochannels: Geophysical Interpretation Tubas Sand RUNProject: Summary For personal use only Historical drilling did not have the benefit of the recent interpretation Surface Map with depth to basement overlay of the palaeochannel system across EPL 3496 16
Slide 17: Historical Drilling
Palaeochannels: Historical Drilling RUN Sand Tubas Drilling –Project: Cross Section showing good coverage of Palaeochannel Summary For personal use only 17
Slide 18: Geophysical Interpretation
Palaeochannels: Geophysical Interpretation Anglo 1970’s Tubas Sand Drilling – Cross Section Project: Summaryshowing depth potential of Palaeochannel For personal use only 18
Slide 19: Geophysical Interpretation
Palaeochannels: Geophysical Interpretation Anglo 1970’s Tubas Sand Drilling – Cross Section Project: Summaryshowing depth potential of Palaeochannel For personal use only Conclusion: There is significant scope to enhance the Palaeochannel resource base, utilise improved physical beneficiation techni
Slide 20: Conclusions
Conclusions Gathering Momentum in a Challenging Market Environment For personal use only Palaeochannels • Recent work demonstrated untapped potential – deep and extensive • Initial testwork has been encouraging • Satellite supply business model potential, ready to be tapped? Omahola Project – Ongoin
Slide 21: Appendices
For personal use only Appendices
Slide 22: JORC Resources
JORC Resources (in this presentation) Cut-off Tonnes U3O8 U3O8 U3O8 Deposit Category (ppm U3O8) (M) (ppm) (t) (Mlb) For personal use only Omahola Project - JORC 2004 INCA Deposit Indicated 250 7.0 470 3,300 7.2 INCA Deposit Inferred 250 5.4 520 2,800 6.2 Ongolo Deposit # Measured 250 7.7 395 3
Slide 23: JORC Compliance Statements
JORC Compliance Statements – Page 1 Omahola Project For personal use only The information in this report that relates to Exploration Results for the Ongolo, MS7 and INCA deposits is based on information compiled by Dr Katrin Kärner* who is a Member of the Australasian Institute of Mining and Metallu
Slide 24: JORC Compliance Statements
JORC Compliance Statements – Page 2 Tubas-Tumas Project For personal use only The information in this report that relates to the Tumas Zone 1 Infill Drilling Exploration Results is based on and fairly represents information and supporting documentation prepared or reviewed by Mr Geoffrey Gee, a Comp
Slide 25: Non-Executive Directors & Company Secretary
Non-Executive Directors & Company Secretary Broad range of mining, technical and financial experience For personal use only Experienced senior mining executive Over 30 years investment banking and Currently Managing Director at Gindalbie entrepreneurial experience Tim Netscher Mervyn Greene Metals,
Slide 26: Executive Team
Executive Team Proven operational delivery with a broader capability For personal use only Senior mining executive with over 27 years international industry experience Greg Cochran Executive roles in business development, operations and projects in various commodities Managing Director Former compan