27 Dec 2024security holder rights change● Neutral
622,518 performance rights issued and 7,500 shares issued on exercise of performance rights. Routine administrative notice.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
19 Dec 2024material agreement▼ BadMajor
Tumas FID is pushed back from late Q4 2024 to early March 2025, citing delayed costings and quotes and further optimisation. Full construction start now depends on a higher uranium price. Water and power offers from NamWater and NamPower are accepted; late-2026 production target is kept, subject to price.
18 Dec 2024resource reserve update▲ GoodMajor
Tumas Ore Reserve rises 18% to 79.3Mlb at 298ppm (Proved 28.4Mlb, Probable 50.9Mlb). That supports a 30-year mine life, up from the 22.5 years in the 2023 DFS, which was based on 67.3Mlb. This follows the September resource upgrade.
16 Dec 2024security holder rights change● Neutral
2,612,399 shares issued under the Loan Share Plan and 1,941,542 performance rights issued, while 3,948 performance rights lapsed. Routine administrative notice.
20 Nov 2024investor presentation● Neutral
Re-release of the 15 November AGM presentation, now including the appendices. No new information in the cover note.
20 Nov 2024security holder rights change● Neutral
30,000 performance rights issued under the Awards Plan. Routine administrative notice.
15 Nov 2024investor presentation● Neutral
AGM corporate presentation by CEO John Borshoff. The visible text is only the cover and disclaimers; no substantive content is shown in the excerpt.
14 Nov 2024other● Neutral
2024 Sustainability Report released for the year to 30 June 2024, the company's fifth and second under the Global Reporting Initiative standards. A Namibian social projects report accompanies it. No new project or financial information in the announcement text.
31 Oct 2024security holder rights change● Neutral
19,873 shares issued on conversion of vested performance rights, and 220,000 new performance rights issued under the Awards Plan. Routine administrative notice.
30 Sept 2024director officer appointment▲ Good
Jim Morgan appointed Head of Project Delivery and Project Director for Tumas. He has over 35 years' experience and previously helped build Langer Heinrich and Kayelekera at Paladin under Borshoff. Tumas FID is still expected late Q4 2024, with start-up late 2026.
27 Sept 2024annual report● Neutral
2024 Annual Report for the year to 30 June 2024. The visible text says Tumas FID is on track for late 2024 with operations in late 2026, and that the Mulga Rock revised DFS is due late 2025. Financial statements are not shown in the excerpt.
27 Sept 2024other● Neutral
Corporate Governance Statement and Appendix 4G for the year ended 30 June 2024. Standard annual governance disclosure with no new business information.
27 Sept 2024security holder rights change● Neutral
157,330 shares issued on exercise of vested employee performance rights. Routine administrative notice.
20 Sept 2024security holder rights change● Neutral
107,182 shares issued on exercise of vested employee performance rights. Routine administrative notice.
13 Sept 2024security holder rights change● Neutral
904,115 performance rights issued under the Awards Plan. Routine administrative notice.
11 Sept 2024resource reserve update▲ GoodMajor
Tumas 3 Measured resource upgraded to 22.5Mlb at 300ppm, meeting the infill drilling target. Tumas 1, 2 and 3 Measured is 38.5Mlb, and total Measured and Indicated for Tumas is 102.1Mlb. The Ore Reserve will now be revised, with the company expecting a life of mine beyond 35 years.
9 Aug 2024security holder rights change● Neutral
23,848 shares issued on conversion of vested employee performance rights. Routine administrative notice.
2 Aug 2024security holder rights change● Neutral
93,690 shares issued on conversion of vested performance rights, and 120,000 new performance rights issued to employees. Routine administrative notice.
25 July 2024security holder rights change● Neutral
57,471 shares issued on exercise of unlisted options expiring 1 July 2025. Routine administrative notice.
23 July 2024director officer appointment● NeutralMajor
Craig Barnes appointed CFO from 1 August 2024, replacing Mark Pitts, who has resigned. Barnes was previously CFO of Galena Mining and of Paladin Energy for more than five years, with Namibian uranium experience.
18 July 2024security holder rights change● Neutral
47,750 shares issued on conversion of vested employee performance rights. Routine administrative notice.
17 July 2024investor presentation● Neutral
Corporate presentation by John Borshoff at the Noosa Mining Investor Conference, 17-19 July 2024. The visible text is only the title and disclaimers, with no new information shown.
11 July 2024security holder rights change● Neutral
40,336 shares issued on conversion of vested employee performance rights. Routine administrative notice.
2 July 2024debt financing▲ GoodMajor
Nedbank appointed Mandated Lead Arranger and Sole Bookrunner for Tumas project financing, with no amount stated. FID is now targeted for Q4 CY2024 (previously late Q3) and start-up Q3 2026. Offtake commitments will be needed; binding agreements are not yet signed.
11 June 2024other▲ Good
Deep Yellow confirms it joined the S&P/ASX 200 before the open on 11 June 2024, as flagged on 31 May. Confirmation of an index change only, with no new business information.
4 June 2024contract award▲ GoodMajor
Ausenco selected as preferred contractor for Tumas detailed engineering and EPCM; it worked on the February 2023 DFS and December 2023 Re-Costing. Tendered price is in line with the US$360M capex estimate. Contracts are still to be finalised; EPCM contract follows FID.
31 May 2024other▲ Good
S&P Dow Jones Indices says Deep Yellow will join the S&P/ASX 200 before the open on 11 June 2024, replacing Silver Lake Resources. This is an index provider notice, not a company announcement.
21 May 2024director officer appointment● Neutral
Susan Park appointed Company Secretary after Mark Pitts resigned from that role. Pitts remains available on a consulting basis and as Chief Financial Officer.
2 May 2024other● Neutral
Director interest notices after Tranche 2 show directors buying at A$1.225, for example Salisbury 40,816 shares and Meyerowitz 81,632 shares. Routine disclosure.
2 May 2024capital raising announcement▲ GoodMajor
Tranche 2 of the placement was completed after shareholder approval on 30 April 2024, raising about A$79.5M at A$1.225 a share. It issued 64,885,502 shares in total: 64,738,565 to institutional investors and 146,937 to directors.