Each one in plain English, with the numbers worked through for a shareholder.
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.
25 Jan 2011quarterly activities report● Neutral
Appendix 5B cash flow for the December 2010 quarter: net operating outflow A$4.9m, cash fell from A$25.0m to A$20.35m. Planned spend next quarter is A$6.5m (A$5.3m exploration). No debt. Companion to the quarterly activities report filed the same day.
25 Jan 2011quarterly activities report● Neutral
December quarter report recapping known results: interim Omahola PFS, Ongolo grade increase, Tumas Zone 3 basement hits and Shiyela drilling. Cash and liquid assets are A$20m. Ongolo resource targeted by end March 2011, with five RC rigs and one diamond rig drilling.
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.
20 Dec 2010admin correction● Neutral
Re-release of the same audio broadcast notice with a corrected event link number. No new information.
17 Dec 2010other● Neutral
Publication of the company's Security Trading Policy, adopted by the board on 17 November 2010. It bars insider trading and sets closed periods around quarterly reports. Administrative; no new business information.
16 Dec 2010price query● Neutral
ASX queried a share price rise from 27c on 9 Dec to 32.5c on 16 Dec with higher volumes. Deep Yellow said it knows of no unannounced information and has no explanation for the move.
15 Dec 2010drilling result● Neutral
Krucible reports on Pilgrim JV (Krucible 80%, Deep Yellow 20%) diamond drilling: widespread alteration but no economic zones, with up to 5% copper over 0.1 m and uranium up to 450 ppm. More drilling is planned in 2011 after data review.
13 Dec 2010drilling result▲ GoodMajor
Infill drilling at Tumas Zone 3 found basement uranium below the Tubas-Tumas channel: 47 m at 830 ppm from 29 m in ORXR1. Scissor holes suggest it may be limited in extent. Red Sand hit 8 m at 516 ppm, about 20 km east of Tubas Red Sand. Diamond drilling is planned for 2011.
13 Dec 2010resource reserve update▲ GoodMajor
Re-assaying earlier Ongolo Alaskite samples by a different lab method (fusion-XRF) lifts the weighted average grade about 30%, from 453 to 587 ppm U3O8. Drilling continues toward a first resource estimate expected in Q1 2011.
24 Nov 2010director officer appointment● Neutral
Non-executive director Tony McDonald will resign effective 31 December 2010, citing demands from his other business activities; he was recently appointed managing director of Kings Minerals NL. The board drops to five directors.
18 Nov 2010investor presentation● Neutral
AGM presentation by the managing director, largely repeating known facts. Shows net cash A$22.8m at 31 October and market cap about A$304m at 27 cents. Namibian production target remains 2013-14. Text provided is truncated.
17 Nov 2010drilling result▲ GoodMajor
First hole at a new Inca-type target, IT-3, 3 km south of Inca, hit 11 m at 1,064 ppm eU3O8. It is the first of ten such targets in EPL 3496 to be tested, with one RC rig dedicated to the others.
29 Oct 2010resource reserve update▼ BadMajor
Coffey's re-estimate cuts Inca's initial area from 7,429 t (16.4 Mlb) to 6,077 t (13.4 Mlb) at a 250 ppm cut-off, down 18%. This reverses the July upgrade. The eastern extension is excluded pending more drilling; the company stays confident of future increases.
29 Oct 2010quarterly activities report● Neutral
September quarter report recapping the Inca, Ongolo Alaskite, Tubas-Tumas, Shiyela and Mt Isa results. Cash and liquid assets are A$25m. The Omahola pre-feasibility study remains on schedule for the December quarter. Largely known information.
28 Oct 2010resource reserve update▲ GoodMajor
Tumas (Namibia) resource updated to 14.8 Mt at 366 ppm for 5,414 t (11.9 Mlb), up 57% in pounds from 3,447 t, with 97% Indicated. Total company resources now exceed 100 Mlb (49,781 t); a scoping study on Tubas-Tumas is being assessed.
27 Oct 2010investor presentation● Neutral
Mining 2010 Brisbane presentation largely repeating known facts. Shows net cash A$25.0m at 30 September and market cap about A$258m at 23 cents. Namibian production target remains 2013-14.
30 Sept 2010resource reserve update▲ GoodMajor
A review of the 2007 Tubas resource finds a higher-grade subset: 22.8 Mt at 455 ppm for 10,369 t U3O8 (22.9 Mlb) at 200 ppm cut-off, within the existing 17,600 t. No new drilling; a scoping study is being considered.
30 Sept 2010resource reserve update▼ Bad
The promised Inca resource update, due this quarter, is delayed to end October. Coffey Mining's scope was widened to re-estimate the whole deposit, and extra assays are needed for very high-grade zones. The July figure of 7,429 t stands for now.
22 Sept 2010other● Neutral
Notice that an audio broadcast of the managing director's presentation on high-grade Tubas alaskite mineralisation is available online. No new information.
