Deep Yellow Limited (
- Proven and experienced management team with an exceptional track record of success.
- Executing the strategy to deliver a 5-10Mlb low cost, multi-platform global uranium portfolio.
- Deep Yellow aims to provide uranium supply security and certainty into a growing market.
- Reptile Resource has tripled in 3 years at a discovery cost of $0.10/lb.
- Several advanced M&A targets assessed with first acquisition expected in 1H 2020.
- Strong capital position and continued support from the equity market.
- Outlook for uranium is extremely positive, with nuclear power integral to meeting clean energy targets.
- China leading the way with aggressive reactor construction plans, with India, Russia and Middle East following.
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About Deep Yellow Limited
Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is successfully progressing a dual-pillar growth strategy to establish a globally diversified, leading uranium company producing 10+ Mlb pa. The Company's portfolio consists of two advanced projects in Tier-1 uranium mining jurisdictions - flagship Tumas in Namibia and Mulga Rock, Western Australia.
Deep Yellow's future growth is underpinned by its highly prospective exploration portfolio - Alligator River, Northern Territory and Omahola, Namibia with ongoing M&A focused on high quality assets should opportunities arise that best fit the Company's strategy. Led by a best-in-class team, who are proven uranium mine builders and operators, the Company is advancing its growth strategy at a time when the need for nuclear energy is becoming the only viable option in the mid-to-long-term to provide baseload power supply and achieve zero emission targets. Importantly, Deep Yellow is on track to becoming a reliable and long-term uranium producer, able to provide production optionality, security of supply and geographic diversity.
Contact
John BorshoffManaging Director/CEO
T: +61-8-9286-6999
Email: john.borshoff@deepyellow.com.au
www.deepyellow.com.au
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