8 Sept 2011other● Neutral
Link to a video of Cochran's Africa Down Under presentation. A re-release of previously known material with no new information.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Sept 2011other● Neutral
Link to a Boardroom Radio interview with MD Cochran on the 6 September Tubas Red Sand beneficiation release. No new information.
7 Sept 2011annual report● Neutral
2011 annual report recaps the year: Omahola resource 24.5 Mlb, Ongolo maiden resource, MS7 and INCA FS discoveries, and the plan to produce uranium by 2015. Also notes Cochran replaced Mutz as MD in January 2011. Largely repeats known facts.
6 Sept 2011other▲ Good
New Tubas Red Sand testwork lifted the uranium upgrade factor to 7.9 (from 6.9). It could allow a cut-off near 60 ppm, versus 100 ppm for the current 4.9 Mlb resource. A larger resource is being re-estimated, and a standalone project is possible. Early-stage testwork.
31 Aug 2011joint venture update● Neutral
Partner Krucible (KRB) reports RC drilling finished at Korella and at Pilgrim, where it holds 80% with DYL on 20%. Krucible can take 100% by issuing DYL 1.2m KRB shares. Pilgrim South gold-target results are due in 3-4 weeks. Little direct impact for DYL.
31 Aug 2011investor presentation● Neutral
Africa DownUnder presentation restating known facts: Namibian production targeted by 2014/5, interim PFS of 2.2 Mlbpa over 12+ years, capex ~US$330m. Shares 1,128.51m, market cap ~A$169m at 15c, net cash ~A$11.0m. Share price is down from 17.5c in July.
24 Aug 2011other● Neutral
Link to a Boardroom Radio audio interview with MD Cochran on the recent MS7 and INCA FS results. No new information.
9 Aug 2011drilling result▲ Good
More MS7 assays confirmed: 36 m at 536 ppm and 44 m at 506 ppm U3O8. The main zone is now 400 m long and 200 m wide. INCA FS hit 22 m at 1,195 ppm. Seven RC and two diamond rigs are drilling; MS7 may join Ongolo.
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.
29 July 2011quarterly activities report● Neutral
June quarter report recaps known results: Ongolo resource, MS7 discovery and INCA FS drilling. Omahola pre-feasibility study is delayed to run more acid-consumption (calcium carbonate) tests on INCA. Shiyela maiden resource awaits further metallurgical testwork.
28 July 2011quarterly activities report● Neutral
June 2011 quarter Appendix 5B: operating outflow A$2.56m and cash fell from A$16.95m to A$13.05m. Planned spend next quarter is A$4.0m, with no debt. Companion to the quarterly report.
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.
29 Apr 2011quarterly activities report● Neutral
Appendix 5B for the March 2011 quarter: net operating outflow A$3.5m, cash fell from A$20.35m to A$16.95m. Planned spend next quarter is A$4.55m. No debt. Companion to the quarterly report filed the same day.
29 Apr 2011quarterly activities report● Neutral
March quarter report recaps known results: Tubas Red Sand testwork, Ongolo drilling, Shiyela drilling complete (M62 and M63 to 300 m depth). Cash and liquid assets are A$17m. Ongolo resource now due in Q2 2011.
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.