13 Nov 2012other● Neutral
Link to an audio broadcast of the Managing Director's AGM presentation. No new information in the announcement itself.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Nov 2012other● Neutral
Link to a radio interview with the Managing Director about the quarterly activities report. No new information in the announcement itself.
8 Nov 2012investor presentation● Neutral
AGM presentation by the Managing Director, largely repeating known facts. Shows net cash about A$9.8m and market cap about A$104m at 7.3c, and adds a Shiyela iron section. Nothing new in the extract provided.
7 Nov 2012other● Neutral
Link to a radio interview with the Managing Director about the Tubas Sand drilling programme. No new information in the announcement itself.
2 Nov 2012other● Neutral
Dr Leon Pretorius, MD of the Namibian subsidiary, notified he ceased to be a substantial holder on 22 Oct 2012. He did not sell; his 70.75m shares were diluted by the placement allocated that day.
1 Nov 2012drilling spud▲ GoodMajor
An 8,000 m infill drilling program has started at the Tubas Sand uranium deposit (28.4 Mlb Inferred) to lift part of it to Indicated, ahead of a planned pre-feasibility study. Completion is expected early 2013; staged development of up to 1 Mlb a year is envisaged.
1 Nov 2012investor presentation● Neutral
Mining 2012 convention presentation by the Managing Director, repeating known facts. Shows 1,424.2m shares, net cash about A$9.8m and market cap about A$114m at 8c, with Paladin at 20.87% and Laurium at 10.87%. Nothing new.
23 Oct 2012regulatory community update▲ Good
Queensland government will overturn its 1989 uranium mining ban. Deep Yellow holds Mount Isa tenements with a 4.8 Mlb resource but says it still intends to divest its Australian assets, though interest in them may rise.
18 Oct 2012price query● Neutral
Second reply to ASX after the price reached 9.5c (from 4.6c). The company says the assays were not material and only confirmed 2 October results. It suggests a market recovery and the completed fund raising as likely causes, and confirms Listing Rule 3.1 compliance.
17 Oct 2012price query● Neutral
Responding to an ASX query on the share price rising from 4.6c to 6.1c, the company says it knows of no unannounced information. It points to the drilling results and the A$6.5m Laurium placement as explanations.
17 Oct 2012drilling result▲ Good
Chemical assays confirm the earlier MS7 footwall discovery, including 10 m at 4,874 ppm U3O8 from 51 m in ALAR1447. This is the final MS7 batch; the results mostly confirm the 2 October equivalent-uranium figures. Rigs continue at Ongolo.
9 Oct 2012other● Neutral
Link to a radio interview with the Managing Director about the A$6.5m raising and cornerstone investor. No new information in the announcement itself.
5 Oct 2012capital raising announcement▲ GoodMajor
Laurium L.P., a specialist mining fund, takes 154.76m shares at 4.2c for A$6.5m, covering the 111.86m-share shortfall (A$4.7m) plus a 42.9m-share placement (A$1.8m). Laurium gets 10.87%; Christophe Urtel to join the board. Company says cash is now above A$10m.
What it means for a shareholder
155m new shares at $0.042 to raise about $6.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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3 Oct 2012other● Neutral
Link to a radio interview with the Managing Director about the MS7 results and new discovery. No new information in the announcement itself.
2 Oct 2012drilling result▲ GoodMajor
Final MS7 holes found new mineralisation 175 m east of the deposit: 32 m at 899 ppm eU3O8 in ALAR1447. This is the second discovery of 2012 after Ongolo South. MS7 resource upgrade still due in October; rigs have moved to Ongolo.
26 Sept 2012investor presentation● Neutral
Morgan Stanley uranium forum presentation by the Managing Director, repeating known facts. Shows 1,269.4m shares, net cash about A$4.2m, market cap about A$58m at 4.2c, Paladin 23.4%, plus uranium market and Namibian peer context. Nothing new.
18 Sept 2012joint venture update▲ Good
Partner Syndicated Metals reports maiden copper drilling at Yamamilla, including 4 m at 3.9% Cu, on the Mt Isa tenement EPM14281 that is in a joint venture with Deep Yellow. Syndicated is earning 80% of non-uranium minerals by spending A$800,000 over 3 years.
18 Sept 2012drilling result▲ Good
MS7 drilling returned 1 m at 11% U3O8 from 288 m, the highest grade in Deep Yellow's Namibian programme, plus 33 m at 1,325 ppm. The company says the 11% is a narrow vein, not typical of MS7. More assays are due end September.
30 Aug 2012investor presentation● Neutral
Conference presentation repeating known facts. Shows 1,269.4m shares, net cash about A$4.5m, market cap about A$58m at 4.2c, and Paladin at 23.4%. Nothing new.
30 Aug 2012drilling result▲ Good
More Ongolo and MS7 assays, including 4 m at 2,316 ppm and 5 m at 1,568 ppm U3O8, with early Ongolo South reconnaissance results to be followed up in 2013. MS7 drilling extended two weeks; resource update now planned for October, a month later than the September timing previously flagged.
29 Aug 2012annual report● Neutral
2012 annual report restates known facts: Omahola 37 Mlb, total resources almost 114 Mlb (over 101 Mlb in Namibia), and a stated strategy of becoming a uranium producer in 2015/16. Australian assets are slated for divestment.
2 Aug 2012capital raising announcement● NeutralMajor
A further 12.91m shares allotted at 4.2c, completing the underwriting. The entitlement issue has now raised A$5.84m from 138.98m shares, leaving 1,268,555,441 shares on issue. Placement of the non-underwritten shortfall is still pending, so the raising falls well short of the A$10.5m maximum.
What it means for a shareholder
12.9m new shares at $0.042 to raise about $542,220. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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31 July 2012other● Neutral
Link to a radio interview with the Managing Director about the June quarterly report. No new information in the announcement itself.
31 July 2012other● Neutral
Paladin's substantial holder notice shows its stake rose from 19.29% to 23.67% (297.2m shares) after taking up its entitlement and underwriting shortfall on 27 July. It paid about A$1.3m for entitlement shares and A$1.74m for shortfall.
30 July 2012capital raising announcement▲ Good
126.07m shares allotted at 4.2c under the entitlement issue, raising A$5.29m, taking shares on issue to 1,255,645,497. The rest of the underwritten amount follows on receipt of funds; placement of the non-underwritten shortfall is still to come.
What it means for a shareholder
126m new shares at $0.042 to raise about $5.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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30 July 2012other● Neutral
Top 20 shareholder list after the allotment. Paladin is largest at 23.69%, followed by HSBC Custody Nominees at 10.67% and Dr Leon Pretorius at 5.03%. The top 20 hold 64.85%. Administrative only.
25 July 2012capital raising announcement▼ BadMajor
Entitlement issue closed with applications for 78.19m shares, raising A$3.28m, well short of the maximum. Patersons will settle the remaining underwritten amount to A$5.8m, and 172.64m non-underwritten shortfall shares are to be placed.
19 July 2012investor presentation● Neutral
Conference presentation repeating known facts: 101.4 Mlb Namibian resources and 50 Mlb Omahola target. Shows 1,379.6m shares on issue including the entitlement shares, and net cash about A$1.5m. Nothing new.
18 July 2012other● Neutral
Link to another radio interview with the Managing Director on Omahola drilling results. No new information in the announcement itself.
17 July 2012other● Neutral
Link to a radio interview with the Managing Director on the strategic update and Omahola drilling. No new information in the announcement itself.