Each one in plain English, with the numbers worked through for a shareholder.
26 Apr 2019joint venture update● Neutral
JOGMEC approved a A$1.05M Nova JV budget for the year to March 2020. An 18-hole, 1,404m follow-up program found no economic uranium; Iguana confirmed as narrow and low grade. Further drilling is planned for 2019.
23 Apr 2019drilling result▲ Good
Final 2018/19 drilling found 3km of continuous mineralisation in Tumas 1 East Tributary 5 (211 holes) and 1.5-1.6km at Tumas Central (47 holes, 45% positive). Tributaries 4 and 6 were thin and low grade. About 60km of channel remains untested.
5 Apr 2019admin correction▼ Bad
Late Appendix 3Y filings for Borshoff (1,878,021 loan shares) and Swaby, from the November 2018 Loan Share Plan issue, were missed through an administrative oversight. Company says it is aware of its listing rule obligations. No new securities issued.
27 Mar 2019resource reserve update▲ GoodMajor
Tumas 1, 2 and 3 resources rose 51% to 67.4Mlb at 352ppm, from 31.2Mlb Tumas 3 plus Tumas 1 and 2. Tumas palaeochannel total is 86.2Mlb; all calcrete resources are 104.2Mlb, reaching the low end of the 100-150Mlb target.
8 Mar 2019half year report● Neutral
Half-year report to 31 December 2018, released as a cover letter plus full statements (financials truncated). Directors' report recaps 9,178m and 577 holes drilled at Reptile and the 100-150Mlb calcrete target. No new commercial information in the text provided.
5 Mar 2019drilling scheduled● Neutral
Final 3,000m leg of the 12,000m FY19 drilling program began 4 March at Tumas 1 East tributaries and Tumas Central, due to finish mid-April. The new resource estimate is now expected late March 2019.
20 Dec 2018drilling result▲ Good
Tumas 3 West infill drilling finished: 81 holes, 2.2km of continuous mineralised channel, 29 holes above 100ppm, best 10m at 627ppm. Eight holes at Tumas Central, 6km northwest, also hit uranium; drilling resumes February. New resource estimate still expected Q1 2019.
19 Dec 2018drilling result● Neutral
Nova JV 2018 scouting finished: 122 RC holes, 4,874m. Narrow uranium found at Iguana (best 14m at 184ppm) and in the new Day Gecko channel; Bungarra, Monitor, Berger's and three basement targets showed little or none. JOGMEC is still earning 39.5%.
28 Nov 2018drilling result▲ GoodMajor
Resource infill drilling at Tumas 1 East confirmed 6.2km of continuous mineralisation across two tributaries; 192 of 265 holes (72%) positive, averaging 434ppm over 6.6m at a 200ppm cut-off. Two rigs now at Tumas 3 West; a new resource estimate is expected in Q1 2019.
20 Nov 2018security holder rights change● Neutral
Issue of 6,283,941 shares under the Loan Share Plan (approved at the AGM) and 265,476 performance rights vesting 30 November 2019. Shares carry a deemed value of A$0.467 with nil consideration. Shares on issue rise to 201,085,968.
5 Nov 2018drilling result▲ Good
First-pass delineation at Tumas 1 East finished: 103 of 180 holes (almost 60%) positive, with 15-16km of mineralised channel across Tributaries 1, 2, 4 and 5 identified for resource drilling. A second rig starts Tumas 3 West on 5 November.
17 Oct 2018drilling result▲ Good
Tumas 1 East discovery extended a further 1.1km, so the Tail 1 channel is now continuously mineralised over 4.6km; 86 of 121 holes (71%) positive, best 17m at 329ppm. A new northern channel (Tail 4) found, while southern Tails 2 and 3 were not significantly mineralised.
9 Oct 2018other▲ Good
Shares upgraded from the OTCQB to the top-tier OTCQX market in the US, following the June OTCQB listing. The company says this lets more US brokers trade the stock; US 30-day average volume has more than doubled since OTCQB. No capital raised.
3 Oct 2018drilling result▲ GoodMajor
New uranium discovery at Tumas 1 East: 64 of 95 holes (67%) hit above 100ppm, best 5m at 1099ppm, with a 3.5km channel open to the east. S-Bend semi-regional drilling (148 holes) found no significant mineralisation. Adds resource upside beyond the 31.2Mlb Tumas 3 estimate.
18 Sept 2018other● Neutral
Corporate Governance Statement and Appendix 4G for the year to 30 June 2018, adopted by the board on 14 September 2018. Routine compliance document describing governance policies; no new commercial information or figures.
18 Sept 2018annual report● Neutral
2018 Annual Report with audited accounts to 30 June 2018. Recaps the Tumas 3 discovery, the 32% resource lift to 31.2Mlb in July, JOGMEC's Nova JV and the OTCQB listing, with the two-pronged strategy of resource growth and counter-cyclical acquisitions. Financials truncated.
19 July 2018investor presentation● Neutral
Corporate presentation for the Sprott Natural Resources Symposium in Vancouver. It shows 194.8M shares on issue and a market cap of A$72M at A$0.37 per share (10 July 2018), and repeats known strategy and results.
11 July 2018resource reserve update▲ GoodMajor
Tumas 3 inferred resource rose 32% to 31.2Mlb at 377ppm eU3O8 (from the 23.5Mlb maiden estimate), at a 200ppm cut-off. Company calcrete resources total 81.3Mlb, 81% of the lower end of its 100-150Mlb target; 85km of palaeochannel remains untested.
5 July 2018drilling result▲ GoodMajor
Resource drilling east and west of Tumas 3 finished for the year: 75 of 190 new holes (40%) positive, best 13m at 708ppm. Mineralisation now spans 10.5km, closed off to the east but still open to the west, with more drilling planned for late 2018.
27 June 2018other▲ Good
Shares approved to trade on the US OTCQB Venture Market under DYLLF, alongside ASX. No capital is raised and no new shares issued. Gives US investors easier access to the stock.
18 Apr 2018joint venture update▲ Good
JOGMEC, which is funding the Nova JV, approved a A$1.3M budget for the 12 months to 31 March 2019. It continues earning 39.5% after A$4.5M spend over four years; Deep Yellow holds 65% as manager.
17 Apr 2018drilling result▲ GoodMajor
Early results of the 10,000m Reptile program: 50 of 84 holes (60%) east of Tumas 3 hit uranium, confirming over 2km of continuous mineralisation, best 8m at 733ppm. West semi-regional drilling hit 22 of 89 holes, including a new tributary find.
9 Mar 2018half year report● Neutral
Half-year report to 31 December 2017 covers Namibian exploration: the Tumas 3 zone extended from 4.4km to 7.2km, and the aim of a 100-150Mlb calcrete target. The visible text is mostly a recap of known results; financial figures were truncated.
12 Feb 2018drilling spud▲ GoodMajor
A 10,000m drilling program started 12 February 2018 on the 100%-owned Reptile project, testing about 40km of the 100km of untested palaeochannels plus extensions of Tumas 1, 2 and 3. Due to finish by end of June 2018.
22 Dec 2017drilling result● Neutral
The 7,490m Nova JV first-pass drilling finished 13 December. Best palaeochannel result remains the October find, renamed Namaqua. Two other channel targets found no uranium; 24 of 37 basement holes hit narrow uranium, needing follow-up.
14 Dec 2017drilling result▲ GoodMajor
Extension drilling lengthened the Tumas 3 mineralised zone from 4.4km to 7.2km: 27 of 62 holes (44%) were positive, best 6m at 309ppm eU3O8. No new resource figure yet; the 23.5Mlb inferred resource could grow.
14 Dec 2017other● Neutral
Routine filing of 235,525 employee performance share rights issued 14 December 2017 for nil consideration, vesting 1 March 2018. Shares on issue stated as 192,554,752.
3 Nov 2017drilling spud● Neutral
A 2,000m drilling program began 3 November on the east and west extensions of the Tumas 3 deposit, which the maiden resource showed as open. It prepares for larger programs planned from February 2018.
12 Oct 2017drilling result▲ GoodMajor
Early scout drilling on the Nova JV found a new, previously unknown palaeochannel with uranium: 3 adjacent holes averaging 220ppm eU3O8 over 3.5m. Two sections 1.5km and 2.5km south found none. Basement holes also showed narrow uranium. Early, narrow results.
27 Sept 2017resource reserve update▲ GoodMajor
Maiden Tumas 3 inferred resource of 23.5Mlb at 382ppm eU3O8 (200ppm cut-off), as expected. It lifts the company's calcrete palaeochannel resources 47% to 73.6Mlb. A JOGMEC-funded 7,500m Nova JV drill program is underway; drilling on 100% ground resumes December quarter.
