Deep Yellow Limited (ASX:DYL) Corporate Update Presentation

Perth, Jan 31, 2020 AEST (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (JMI:FRA) (DYLLF:OTCMKTS) provide the Corporate Update Presentation to be presented by John Borshoff, Managing Director/CEO at the Arlington Predaba Investor Conference held in Cape Town, South Africa from 31 January - 1 February 2020.

Ready for Growth

- Executing a unique and differentiated dual-pillar growth strategy

- Strong balance sheet, with continued support from equity markets

- Ongoing exploration has tripled the Reptile Project resource base in just 3 years

o At an extremely low discovery cost of $0.10/lb (2017 to 2019)

- PFS commenced at Reptile following positive Scoping Study results

- Effective M&A execution combined with successful organic growth to deliver potential for 5-10Mlb pa production from a low cost, multiplatform global uranium portfolio

- M&A activity in progress

- Fully-funded to execute the strategy over the next 12 months

- Nuclear power integral to achieving clean energy targets, with demand growing

To view the presentation, please visit:
https://abnnewswire.net/lnk/MZEMG4L9


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 Borshoff Managing Director/CEO T: +61-8-9286-6999 Email: john.borshoff@deepyellow.com.au www.deepyellow.com.au