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.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
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.
30 July 2018quarterly activities report● Neutral
Cash fell to A$10.69M at 30 June 2018 from A$11.62M, after A$1.03M operating outflow; no debt. JOGMEC contributed A$222k. Estimated outflows next quarter are A$1.4M.
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.
18 July 2018quarterly activities report● Neutral
June quarter report recaps completion of the Tumas 3 drilling, the July 11 resource lift to 31.2Mlb, the OTCQB listing and JOGMEC's A$1.3M budget. A high-resolution airborne survey was flown over 4 blocks. Mostly repeats known 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.
27 Apr 2018quarterly activities report● Neutral
Cash fell to A$11.6M at 31 March 2018 from A$12.5M, after A$1.36M operating outflow; no debt. JOGMEC contributed A$441k. Estimated outflows next quarter are A$1.35M.
23 Apr 2018quarterly activities report● Neutral
March quarter report recaps the Reptile drilling: 173 holes for 5,923m, 72 positive, with Tumas 3 East and west semi-regional results already announced on 17 April. Balance of drilling to finish by 30 June 2018. Largely repeats known results.
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.
24 Jan 2018quarterly activities report● Neutral
Cash at 31 December 2017 was A$12.46M, down from A$13.27M, after A$1.49M operating outflow; no debt. JOGMEC contributed A$595k. Estimated outflows next quarter are A$1.28M.
16 Jan 2018quarterly activities report● Neutral
December quarter report recaps the Tumas 3 extension to 7.2km and the completed Nova JV scout drilling with narrow basement uranium. Reptile drilling is due to start in February 2018. Repeats previously announced results.
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.
30 Oct 2017quarterly activities report● Neutral
Cash fell to A$13.27M at 30 September 2017 from A$14.96M, after A$1.49M operating outflow; no debt. JOGMEC contributed A$339k. Estimated outflows next quarter are A$1.55M (A$0.98M net of JOGMEC-funded exploration of A$734k... as stated in the form).
25 Oct 2017agm notice● Neutral
Notice of AGM for 24 November 2017 in Perth. Items include the remuneration report, re-election of Gillian Swaby, an employee awards plan, and loan-funded share issues to Borshoff and Swaby under a Loan Share Plan. Administrative notice.
19 Oct 2017quarterly activities report● Neutral
September quarter report recaps the Tumas 3 maiden resource (23.5Mlb at 382ppm, +47% to 73.6Mlb) and the Nova JV palaeochannel find. Follow-up Tumas 3 drilling is planned late December quarter, with a larger program in early 2018. Largely repeats known results.
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.
12 Sept 2017other● Neutral
Corporate governance statement and Appendix 4G lodged for the year to 30 June 2017. Routine compliance filing with no new substance.
12 Sept 2017annual report● Neutral
2017 Annual Report released with audited accounts for the year to 30 June 2017. It restates the year's events: Tumas 3 discovery, A$15.1M raising and JOGMEC deal. It also notes Nova JV licences renewed to 19 November 2019 and a retention licence application for Aussinanis.
28 Aug 2017regulatory community update▲ GoodMajor
Namibia's mines ministry said it is ready to renew the Reptile project licences EPL 3496 and 3497 for two more years, to 5 June 2019. This secures tenure over the 100%-owned Tumas ground, including the Tumas 3 discovery.
3 Aug 2017investor presentation● Neutral
Updated August 2017 corporate presentation restating the strategy: new management since October 2016, Rössing or Langer Heinrich style targets, the A$4.5M JOGMEC farm-in. Repeats known facts.
31 July 2017quarterly activities report● Neutral
Cash at 30 June 2017 was A$14.96M, up from A$1.42M after A$15.1M of share proceeds (A$0.5M costs). Operating outflow was A$1.28M; no debt. About A$0.9M of outflows are estimated for next quarter.