Each one in plain English, with the numbers worked through for a shareholder.
30 Apr 2010quarterly activities report● Neutral
March quarter report restates the 8,583 t Omahola resource, the Tubas Alaskite discovery and the SNC-Lavalin study appointment. Cash and liquid assets were $34.1m, with 8-9 rigs drilling in Namibia. Group JORC total is shown as 34,541 t. Nothing new.
30 Apr 2010quarterly activities report● Neutral
March quarter Appendix 5B: cash fell to $33.8m from $36.3m, with no debt. Planned exploration spend for next quarter is $4.1m. Partial relinquishments on two Queensland tenements (EPM15070, EPM16007).
29 Apr 2010drilling result▲ GoodMajor
Discovery of high-grade alaskite-hosted uranium at Tubas Alaskite, Namibia: hole ALAR13 returned 89 m at 400 ppm from 128 m, including 11 m at 710 ppm. Mineralisation runs 102 m to end of hole. More reconnaissance drilling will follow; disequilibrium results are due in 6-8 weeks.
22 Apr 2010resource reserve update▲ GoodMajor
First JORC resource for Omahola, Namibia: 29.8m t at 287 ppm for 8,583 t (18.9m lb) U3O8. Inca holds 6,366 t at 400 ppm; Tubas Red Sand 2,217 t at 160 ppm. Resolves the delayed MSA estimate; the pre-feasibility study is due in the October quarter 2010.
15 Apr 2010joint venture update▲ Good
Partner Krucible reports more copper-gold rock chip results at Pilgrim (EPM 15072), up to 28.1% copper, extending the zone to 1.3 km. Drilling is planned from mid May 2010. DYL is not the reporter; Krucible can earn 80% for $400,000.
31 Mar 2010resource reserve update▼ Bad
MSA's first draft of the initial Inca resource estimate is delayed from 26 March to the week of 14 April 2010. No resource figure yet. Further Inca drilling results are promised at the end of April.
10 Mar 2010joint venture update▲ Good
Partner Krucible reports further copper results at Pilgrim (EPM 15072), up to 36.2% copper, defining a zone over 900 m long. Krucible plans more surface work and ground geophysics, then drilling. DYL is not the reporter; Krucible can earn 80% for $400,000.
9 Mar 2010half year report● Neutral
Half-year to 31 December 2009: net loss $2.2m (versus $12.4m a year earlier) and exploration spend $8.8m. Cash and liquid assets were $36.3m. The 2009-10 exploration budget remains $20.0m. No new resource figures.
1 Mar 2010director officer appointment● NeutralMajor
Patrick Mutz's appointment as Managing Director took effect 1 March 2010, and Dr Pretorius left the board but stays as head of Reptile Namibia. Mutz's contract runs to June 2014 with $490,500 fixed pay; options are subject to shareholder approval.
26 Feb 2010drilling result● Neutral
Namibian drilling: a new Inca-area hole found 5 m at 434 ppm, 800 m northeast of Inca South, and Tumas infill hit 17 m at 672 ppm. Nova JV drilling found only low-grade results (best 9 m at 182 ppm). Nine rigs are active.
25 Feb 2010joint venture update▲ Good
SNC-Lavalin appointed for the Omahola pre-feasibility study, Mintek for metallurgy and Softchem for environmental studies. Tubas Red Sand testwork concentrated 90% of uranium into 22% of the feed. Inca resource estimate is due in 3-4 weeks; Inca Deeps hit 11 m at 596 ppm.
1 Feb 2010director officer appointment▲ GoodMajor
Patrick Mutz, ex-Alliance Resources MD, will become Managing Director from 1 March 2010, fulfilling the Australian MD search promised on 13 May 2009. Dr Pretorius moves to lead Namibian subsidiary Reptile, focused on the Omahola project.
28 Jan 2010quarterly activities report● Neutral
Appendix 5B for December quarter: cash at quarter end $36.3m, down from $41.5m, after $5.4m net operating outflow. Next quarter's planned exploration spend is $3.6m. No debt facilities. Partial relinquishments of several tenements and Leichhardt 51% earned.
28 Jan 2010quarterly activities report● Neutral
December quarter: cash and liquid assets $37m (down from $42m at September). DYL earned 51% of Leichhardt JV EPM 14367. The first Mount Isa resource (1,540 t) is restated, and MSA has started Inca and Tubas Red Sand resource estimates.
19 Jan 2010drilling result▲ Good
Infill drilling between Oryx and Tumas in Namibia returned high-grade uranium, best 10.5 m at 2,034 ppm eU3O8. Rigs are moving south toward the existing Tumas resource area; completion and a JORC resource estimate depend on how many holes are needed.
14 Jan 2010resource reserve update▲ GoodMajor
First Mount Isa JORC resource from Coffey: 3.64m t at 420 ppm for 1,540 t U3O8 (300 ppm cut-off) across Isa West, Queens Gift and Slance; 2,430 t at 340 ppm at a 200 ppm cut-off. Short-to-medium target is 5,000-8,000 t.
13 Jan 2010drilling scheduled● NeutralMajor
2010 Namibian plan: finish JORC resources for Inca, Tubas Red Sand and Aussinanis, feasibility and mining licence work, and possibly sell iron oxide to Rossing mid-year. DYL says low-grade 150 ppm resources fall short of the earlier 50,000 t target, and viable grades are nearer 400 ppm.
10 Dec 2009joint venture update▲ Good
Partner Krucible reports a new possible copper-gold target at Pilgrim (EPM 15072), with rock chips up to 30.7% copper and 10.25 g/t gold. Krucible can earn 80% by spending $400,000 over 4 years. Further work is planned for 2010; DYL is not the reporter.
9 Dec 2009asset acquisition disposition▲ GoodMajor
The $1.4m purchase of Ewen (EPM 14916) and Yamamilla (EPM 14281) from Matrix's receivers settled after Ministerial consent, giving DYL 100%. The Matrix uranium JV is terminated. This completes the deal agreed on 6 May 2009.
1 Dec 2009director officer appointment● Neutral
Director interest notices: 5,000,000 unlisted options at 55.1c expired on 30 November for Pretorius, Kavanagh, Swaby and Greene, under their own terms. No share trades. Administrative.
19 Nov 2009investor presentation● Neutral
AGM presentation restating known activities. It cites about A$40m cash and liquid assets and 1,124,451,958 shares. 2010 plans include Omahola environmental studies and possible Inca iron production; Coffey is already working on five Mount Isa resource estimates.
19 Nov 2009drilling result▲ Good
Mount Isa RC drilling continues: Queens Gift found a new southern zone (38 m at 426 ppm), Slance NW hit 28 m at 1,074 ppm eU3O8, and Isa West's second phase is complete. Total 155 holes this year. Extends earlier results.
9 Nov 2009admin correction● Neutral
Re-release of the 5 November Namibian presentation because one slide was illegible after PDF conversion. The slide was replaced with three clearer ones. No new substance.
6 Nov 2009investor presentation● Neutral
Presentation to Namibia's Uranium Stewardship Committee on the Omahola project, largely repeating known Inca drilling (e.g. 121 m at 405 ppm) and the two-stage plan from the 5 November announcement. No new resource or financial figures are evident in the text.
5 Nov 2009regulatory community update▲ GoodMajor
DYL proposes an early Namibian mining licence application for Omahola (Inca and Tubas Red Sand) on EPL 3496, in two environmental stages. Rossing Uranium agreed in writing to consider buying iron from Inca. JORC resources are still being completed.
30 Oct 2009investor presentation● Neutral
Brisbane Mining 2009 presentation by Martin Kavanagh largely repeats known Namibian and Mount Isa drilling results. It cites about A$41m cash and liquid assets, 1,123,876,958 shares, and Namibian exploration spend of about A$1.5m a month.
28 Oct 2009quarterly activities report● Neutral
September quarter: cash and liquid assets $42m (down from $47m). Inca grid drilling continues, palaeochannel detail drilling began at Tumas, and the Nova JV airborne survey is complete. Resource consultants are appointed. No new resources are booked; the JORC total is unchanged at 24,418 t.
15 Oct 2009drilling result▲ Good
Mount Isa drilling continues to return wide intercepts of about 400 ppm. Queens Gift hole QGRC078 hit 'blind' mineralisation, 19 m at 1,000 ppm eU3O8 from 274 m, with underground potential. Thanksgiving and Bambino deep holes confirm continuity near 200 m depth.
15 Oct 2009agm notice● Neutral
Notice of the 19 November 2009 AGM. Items include re-election of directors McDonald and Brunovs, the remuneration report, a new option plan, and lifting the cap on non-executive director fees by $200,000 to $450,000.
13 Oct 2009contract award▲ GoodMajor
DYL appointed MSA Consulting (South Africa) for JORC resources at Inca, Tubas Red Sand and Aussinanis, and Coffey Mining for five Mount Isa prospects. Tubas Red Sand comes first, then Inca (aim 7,000-9,000 t at 400+ ppm). No timetables are set yet.
