4 Jan 2007investor presentation● Neutral
Martin Kavanagh recorded an audio broadcast about the Superior Resources permit acquisition in NW Queensland. No new information in the notice.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Jan 2007asset acquisition disposition▲ GoodMajor
Deep Yellow agrees to buy Superior Uranium, holding four granted and two applied-for Queensland uranium permits, for 20 million shares. It also takes Superior's 10% of Durong, giving 100%. This builds a Mt Isa position of 1,060 km2 beyond the Matrix JV.
3 Jan 2007admin correction● Neutral
Clarifies the Superior acquisition is still subject to legal due diligence and final documents, expected in 3-4 weeks. Shares are expected to be issued late January or early February 2007. No new commercial terms.
22 Dec 2006security holder rights change● Neutral
Deep Yellow issues 7 million unlisted options to employees and contractors, half at 45c expiring Dec 2009 and half at 60c expiring Dec 2010, under the plan approved at the 30 November AGM. No directors take part. A staff incentive issue.
21 Dec 2006farm in farm out completion▲ GoodMajor
Deep Yellow issues 82 million shares at 13.5c as the second and final tranche for the remaining 49% of Raptor Minerals, completing the acquisition of the Namibian licences. Quoted shares rise to 955,433,697.
21 Dec 2006investor presentation● Neutral
Martin Kavanagh recorded an audio broadcast covering the Napperby resource, Mt Isa drilling, Namibia and the entitlement issue outcome. No new information in the notice.
19 Dec 2006capital raising announcement● Neutral
129.4m shares allotted at 12c, raising $15.53m, taking shares on issue to 873,433,692. Mt Isa drilling was stopped by bush fires after 7 Lochness holes and 2 Miranda holes; assays are not expected until February 2007.
What it means for a shareholder
129m new shares at $0.120 to raise about $15.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
18 Dec 2006capital raising announcement▲ GoodMajor
Entitlement issue closed with 92.9% of entitlements taken up, raising $14.42m at 12c. The 9.19m-share shortfall is placed with Paladin Resources, lifting the total to $15.53m. The issue was not underwritten.
13 Dec 2006resource reserve update▲ GoodMajor
First JORC Inferred resource at Napperby: 1.9 million tonnes at 360 ppm U3O8, or 670 tonnes (1.5m lb) contained, over 1 km of strike. It is about 20% above Uranerz's 1979 estimate for the same area. Upgrade to Indicated is under way.
27 Nov 2006farm in farm out completion● Neutral
Deep Yellow issues 92 million shares at 13.5c as the scrip for the first tranche (51%) of Raptor Minerals. Shares on issue rise to 744,045,966.
24 Nov 2006capital raising announcement▼ BadMajor
Supplementary prospectus discloses a threatened claim by Uranium Resources Plc over the Raptor acquisition, alleging Dr Pretorius breached duties as a former director. The company denies it. Earlier applications are refunded; the issue now closes 13 December.
21 Nov 2006capital raising announcement● Neutral
Confirms entitlement issue prospectuses were mailed on 21 November; closing remains 6 December. Administrative.
17 Nov 2006capital raising announcement● Neutral
Entitlement issue closing date extended to 6 December because the shareholder base grew about 20% after the prospectus, requiring more copies to be printed. Pricing and record date are unchanged.
8 Nov 2006capital raising announcement● Neutral
Indicative timetable for the entitlement issue: record date 15 November, closing 1 December 2006. Administrative notice with no new substance.
3 Nov 2006capital raising announcement● NeutralMajor
Prospectus lodged for a 1-for-5 non-renounceable entitlement issue of up to 130.4m shares at 12c, raising up to $15.65m, closing 1 December. Mervyn Greene is proposed as a new non-executive director.
What it means for a shareholder
130m new shares at $0.120 to raise about $15.7m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
30 Oct 2006joint venture update● Neutral
Partner Matrix announces Deep Yellow's Lochness drilling in the Mt Isa joint venture should start early November 2006, about 2,000 m of holes to 120 m depth. Miranda drilling is planned this field season. Repeats the quarterly report.
16 Oct 2006investor presentation● Neutral
Re-notice of the 13 October audio presentation after technical problems with the link. Administrative; no new information.
13 Oct 2006business combination▲ GoodMajor
Deep Yellow agrees to buy Raptor Minerals, holding 2,622 km2 of Namibian uranium licences near Langer Heinrich, for A$2.58m cash plus up to 174m shares (about A$26m). A 1-for-5 entitlement issue will fund it. Old resource estimates are not JORC-verified.
13 Oct 2006investor presentation● Neutral
Notice of an audio presentation by Martin Kavanagh on recent drill results and the Namibian merger. No new information in the notice itself.
9 Oct 2006drilling result▲ GoodMajor
Final Napperby results (262 holes) continue to show higher-grade channels. A JORC resource for the 1,000 x 600 m block will be commissioned once duplicate and shoulder assays are in, the step that failed with 2005 drilling.
28 Sept 2006annual report● Neutral
2006 Annual Report: the chairman says the company has recovered from the Napperby drilling problems and grown its tenements to about 63,000 km2. Offshore uranium projects have been inspected but none met criteria yet. Repeats known facts.
14 Sept 2006drilling result▲ Good
The Napperby resource drilling programme finished with 255 holes drilled. Latest assays include a new best of 1 m at 5,120 ppm U3O8 and 4.5 m at 1,516 ppm in hole 160. Final results are expected in about four weeks.
29 Aug 2006drilling result▲ Good
Assays for Napperby holes 69-155 include the best result so far, 1 m at 4,320 ppm U3O8 in hole 132. The company says results support continuity between the 1979 Uranerz wide-spaced holes and their non-JORC estimate.
25 July 2006investor presentation● Neutral
Chairman Dr Pretorius recorded an audio broadcast discussing the recent Napperby assay results, on boardroomradio.com. No new information in the notice itself.
24 July 2006drilling result▲ Good
Next 33 Napperby holes returned numerous 1 m intervals above 1,000 ppm U3O8, with a best composite of 1,100 ppm over 4 m. The company says this supports a near-surface higher-grade channel within the wider low-grade zone.
10 July 2006drilling result▲ GoodMajor
First 35 Napperby resource holes confirm trench grades, best 1 m at 3,170 ppm U3O8 and best composite 893 ppm over 5 m. A 6-hole aircore trial again gave poor recovery. The company says Napperby is back on track after last year's setback.
16 June 2006investor presentation● Neutral
June broker presentation restating the pure-uranium strategy, with over $14 million cash, 617 million shares and a $9 million three-year budget. It largely repeats known facts; the portfolio is listed as 57,107 km2 in Tanami-Arunta and 3,295 km2 at Western Gawler.
7 June 2006drilling spud▲ GoodMajor
Resource drilling began at Napperby: 250 holes of 60 cm diameter on 50 x 50 m centres, to be finished in the September quarter. Deep Yellow also applied for five Queensland permits (about 1,600 km2) at Durong, 90% held with Superior Resources at 10%.
24 May 2006drilling scheduled▲ Good
Approvals are in for 250 large-diameter holes at Napperby, starting early June, to allow a resource estimate for the 1,000 x 600 m block. Fieldwork starts in June on the Matrix JV after tenement EPM 14196 was granted.
11 May 2006investor presentation● Neutral
Director Martin Kavanagh recorded an audio overview of company activities, available on boardroomradio.com. The notice itself contains no new information.