Deep Yellow Limited
ASX Code
DYL
Sector
Energy
Investor Centre
https://deepyellow.com.au/investor-centre/asx-announcements/
Website
https://deepyellow.com.au/
About
Deep Yellow is aspiring to become a tier-one uranium producer. Since the appointment of John Borshoff as CEO and Managing Director in October 2016, the Company has set a new direction built around a unique, counter-cyclical strategy focused on organic and inorganic growth to deliver a 5-10Mlb, Tier 1 uranium producer with a low cost, multi-project global uranium platform. Organic growth will be delivered through exploration and development of the Company’s Namibian project portfolio. Since 2016, exploration success has tripled the resource base at the Reptile Project, at an extremely low discovery cost of 11.5c/lb. The Company’s “inorganic” growth plan is based on a targeted merger and acquisition program to establish a diversified portfolio of uranium operations for development from 2023 onwards. Effective execution of this unique strategy requires a leadership team with a proven track record, extensive industry knowledge and capability to deliver.