(MENAFN- ABN Newswire)
Deep Yellow Limited's (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) project portfolio is located in Namibia, a premier uranium mining jurisdiction with a long history of mining.
- Dual-pillar growth strategy to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer
- Led by a standout uranium team
o A highly-credentialed and experienced team (majority ex-Paladin Energy) with proven success in the uranium sector, strong project development, operational and corporate capabilities
o Majority of this team successfully built and operated two innovative conventional uranium operations (Langer Heinrich, Namibia and Kayelekera, Malawi)
o Grew Paladin from a market capitalisation of A$2M to A$4Bn - pre-Fukushima
- Well-funded for future growth with cash balance of A$51M(+A$30Moption conversion June 2022)
- Nuclear energy becoming the moral imperative, with positive momentum building globally
To view the presentation, please visit:
https://abnnewswire.net/lnk/PGFWMT5F
( ) ( ) (Namibian Stock Exchange:DYL) is a differentiated, advanced uranium exploration company, in predevelopment phase, implementing a contrarian strategy to grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company's uranium projects in Namibia and the pursuit of accretive, counter-cyclical acquisitions to build a global, geographically diverse asset portfolio. A PFS has recently been completed on its Tumas Project in Namibia and a DFS commenced February 2021. The Company's cornerstone suite of projects in Namibia is situated within a top-ranked African mining destination in a jurisdiction that has a long, well-regarded history of safely and effectively developing and regulating its considerable uranium mining industry.
John BorshoffManaging Director/CEOT: +61-8-9286-6999Email:
MENAFN19042021000111011020ID1101945859
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.