Each one in plain English, with the numbers worked through for a shareholder.
3 Aug 2011regulatory community update▲ GoodMajor
Three Namibian licences (EPLs 3496, 3497, 3499) were renewed in full for two years to 5 June 2013, with no extra conditions. This resolves the June renewal question. EPLs 3496 and 3497 hold Omahola and Shiyela.
20 July 2011investor presentation● Neutral
Australian Uranium Conference presentation by Cochran restating known facts: production in Namibia by 2014/5, 1,127.53m shares, market cap about A$197m at 17.5c. Messidat listed as GM Projects. No new information announced.
13 July 2011farm in farm out agreement▲ GoodMajor
Syndicated Metals (ASX:SMD) can earn up to 80% of the non-uranium rights on four Deep Yellow Queensland tenements (650 km2, including Yamamilla and Ewen) by spending $800,000 over four years. Deep Yellow keeps uranium rights. This resolves the open non-uranium rights decision for Ewen/Yamamilla.
8 July 2011resource reserve update▲ GoodMajor
Coffey's updated Queensland resource is 4.7 Mt at 460 ppm for 4.8 Mlb U3O8 (300 ppm cut-off), including a new Citation prospect at Isa West. Company-wide resource rises to 105.5 Mlb U3O8 (176.4 Mt at 271 ppm), up from over 100 Mlb after Ongolo.
7 July 2011director officer appointment▲ Good
Werner Messidat appointed General Manager: Projects, based in Namibia, to help the company move from explorer to developer. He has worked at Langer Heinrich, Kayelekera and Rossing. His priorities are Omahola, Schauenburg technology on Tubas Red Sand and Aussinanis, and Shiyela strategy.
6 July 2011drilling result▲ GoodMajor
New alaskite discovery at MS7, 2.5 km southwest of Ongolo: hole ALAR509 hit 9 m at 704 ppm and 8 m at 638 ppm U3O8. INCA Far South returned 8 m at 2,699 ppm. Further Ongolo infill results are likely to increase the resource.
1 July 2011security holder rights change● Neutral
14.89m unlisted director and employee options and 270,440 performance rights were cancelled under their terms, mostly options expiring 30 June 2011. Director Kavanagh's 1.8m options at 27.5c lapsed. Administrative; no cash or share issue involved.
29 June 2011drilling result▲ Good
More Ongolo assays include 16 m at 714 ppm U3O8, extending the high-grade zone south-southwest. Four RC rigs moved 2.5 km southwest to the MS7 target and drilling restarted at INCA Far South. First results from both are expected in July 2011.
24 May 2011security holder rights change● Neutral
Company sets up a free share-sale facility for holders of parcels worth under A$500 (2,941 shares or fewer) at the 17c record-date price. About 2,147 of roughly 9,679 holders qualify, holding about 0.25% of shares. Administrative.
19 May 2011other● Neutral
Notice of a Boardroom Radio audio interview with MD Greg Cochran on the maiden Ongolo resource. No new information.
13 May 2011investor presentation● Neutral
Austock conference presentation by Cochran restating known facts: Namibian production by 2014/5 and a multi-project portfolio. The share price shown is 18c. No new information.
12 May 2011resource reserve update▲ GoodMajor
Maiden Ongolo resource of 6.9 Mt at 410 ppm for 6.2 Mlb U3O8 lifts the Omahola Project to 24.5 Mlb. Namibian total rises to 93.3 Mlb and company total exceeds 100 Mlb. Delivers the Ongolo resource targeted since January; a further upgrade is expected in Q3.
12 May 2011regulatory community update● NeutralMajor
Deep Yellow says its Namibian licences are unaffected by a Cabinet plan to restrict new strategic-mineral licences, including uranium, to a state-owned company. The Minister's 11 May statement says existing licences are unaffected. Three of the company's four licences are due for renewal in June 2011.
10 May 2011drilling spud● Neutral
Nova Energy Namibia, the joint venture in which Deep Yellow holds 65% (Toro 25%, Sixzone 10%), starts about 10,000 m of drilling on EPL 3669 testing for alaskite-style uranium. The program runs 6-8 weeks, with Deep Yellow managing it. Earn-in spend of A$3.5m is now complete.
11 Apr 2011investor presentation● Neutral
Australian roadshow presentation by Cochran and Pretorius restating known facts: Namibian production by 2014/5, market cap at 23.5c, Ongolo resource still pending. No new information.
6 Apr 2011other▲ GoodMajor
Pilot plant tests on the Tubas Red Sand deposit recovered 84% of uranium in 12% of the mass, upgrading 322 ppm feed to 2,218 ppm. This supports adding resources from a similar 30 km system and a hydrocyclone plant with a process guarantee.
21 Mar 2011investor presentation● Neutral
Paydirt Uranium Conference presentation by MD Greg Cochran restating known facts: aim for Namibian uranium production by 2014/5, 1,127.53m shares, market cap at 22.5c. Nothing new announced.
16 Mar 2011drilling result▲ GoodMajor
More Ongolo assays include 11 m at 3,405 ppm U3O8, widening the zone to up to 600 m and showing continuity to depth. About 75% of the target is drilled. Coffey Mining has begun the maiden JORC resource using data to 4 March.
11 Mar 2011half year report● Neutral
Half-year report to 31 December 2010 restating known activity: Omahola PFS, Ongolo drilling, Shiyela work and Mount Isa deep drilling. The resource table is unchanged at 44,422 t U3O8 (98.0 Mlb). Confirms McDonald left and Cochran replaced Mutz.
28 Feb 2011director officer appointment● Neutral
Executive directors received 2,830,000 nil-cost performance share rights: 1.5m to MD Greg Cochran under his employment contract and 1.33m to Martin Kavanagh as approved at the 2010 AGM. Most vest on share price hurdles and continued employment through 2011-2013.
18 Feb 2011drilling progress report▲ Good
Shiyela first-phase drilling (140 RC and 5 diamond holes, over 26,000 m) nears completion by end February. Golder's maiden JORC resource is due in Q2 2011, with an initial target of 120-150 Mt at 20-25% magnetite at M62, plus M63.
14 Feb 2011other▲ Good
ProMet's review of preliminary testwork on Shiyela magnetite finds low silica and coarse grain, suggesting simple dry magnetic separation could work. Abrasion is high and grinding hardness trending high. A first resource is due in Q2 2011. Early-stage, no economics yet.
9 Feb 2011other● Neutral
Notice of an audio interview with MD Greg Cochran on the Ongolo high-grade intercepts and the quarterly report. No new information.
7 Feb 2011investor presentation● Neutral
Indaba conference presentation by new MD Greg Cochran restating known facts: aim to produce uranium in Namibia by 2014/5, about A$20m net cash, market cap about A$360m at 32c, and FY2010 resource cost of A$0.42/lb. No new information.
7 Feb 2011security holder rights change● Neutral
The board issued 1,955,700 nil-cost performance share rights to employees and contractors under the shareholder-approved Awards Plan, vesting in August 2011 and August 2012 (the last tranche needs a 20% share price rise). Routine incentive issue.
31 Jan 2011drilling result▲ GoodMajor
Fusion-XRF assays from 430 Ongolo Alaskite samples confirm high-grade zones, e.g. 18 m at 939 ppm and 41 m at 496 ppm U3O8. Roughly half the zone is drilled; only assays received by mid-March go into the initial resource due end of March.
13 Jan 2011director officer appointment● NeutralMajor
Managing Director Patrick Mutz resigned on 12 January 2011 for personal and family reasons. Greg Cochran, former Terramin CEO and ex-Uranium One executive, becomes Managing Director from 24 January, as the company moves toward development of Omahola.
10 Jan 2011other▲ GoodMajor
Interim pre-feasibility results for Omahola: 1,000 t (2.2 Mlb) U3O8 a year from 2014, 12-year minimum life, capital cost US$324-336m, operating cost US$24.90-25.30/lb. Study completion pushed to Q2 2011 to consider Ongolo feed. Ongolo resource now due March 2011.
10 Jan 2011admin correction● Neutral
Re-release of the interim Omahola pre-feasibility announcement with the date corrected to 10 January 2011. Content appears the same: 1,000 t a year from 2014, capital US$324-336m. No new information.
20 Dec 2010other● Neutral
Notice that an audio interview with MD Patrick Mutz is available online, covering Tubas-Tumas drilling, Inca look-alike targets and the 30% Ongolo grade increase. No new information.
