Each one in plain English, with the numbers worked through for a shareholder.
29 Sept 2021security holder rights change● Neutral
Covering letter sending option holders their exercise notices for the listed 50c options (DYLO), which expire 29 October 2021. Trading ends 25 October. Shares closed at A$1.145... no: A$0.995 on 27 September; DYLO last traded at A$0.49. Repeats the earlier 28 September notice.
28 Sept 2021security holder rights change▲ GoodMajor
The listed options' acceleration trigger was reached on 27 September 2021, with shares above 78c for 20 days. Holders of about 51M options at 50c must exercise by 29 October or they lapse. Exercise could raise about A$25M (inference from earlier figures).
24 Sept 2021annual report● Neutral
2021 Annual Report with audited accounts for the year to 30 June 2021. Visible text restates the Tumas DFS, the acquisition strategy and the board list, which is unchanged. Financial figures are not visible in the extract.
24 Sept 2021other● Neutral
Corporate Governance Statement and Appendix 4G for the year to 30 June 2021, adopted by the board on 24 September. Routine compliance filing with no new operational or financial information.
22 Sept 2021other● Neutral
Administrative reminder asking shareholders and option holders to give email addresses for online communications, citing Australia Post delays. No operational or financial substance.
15 Sept 2021security holder rights change● Neutral
Reminder of listed option terms: 50c exercise price, expiry 1 June 2022. If shares trade above 78c for 20 consecutive trading days, holders get 22 business days to exercise or lose them. No change to terms; also gives an EFT payment account.
14 Sept 2021investor presentation● Neutral
Corporate presentation for the HC Wainwright investment conference, 13-15 September 2021. Visible text shows only the title slide and disclaimers; no new results or figures are evident.
2 Sept 2021resource reserve update▲ GoodMajor
Tumas 1 East gets a maiden Indicated resource of 19.6Mlb at 245ppm (28.8Mlb total with Inferred). Measured and Indicated at Tumas 1, 1E, 2 and 3 rises to 98.7Mlb from 52.6Mlb. Company says this supports the 20-year-plus mine life target in the DFS.
19 Aug 2021drilling result▲ Good
Tumas DFS resource drilling is complete: Tumas 1 East had 556 holes (6,982m), 70% above 100ppm, best 5m at 1,016ppm. The whole program drilled 1,473 holes (24,942m) since February. Tumas 1 East resource update is expected end of August.
5 Aug 2021drilling result▲ GoodMajor
First four holes of the Nova JV Barking Gecko North follow-up program all hit uranium. TN258RC returned 62m at 537ppm, the best intersection there so far, and ended in mineralisation. The 14-hole, 3,500m phase is due to finish mid-September.
29 July 2021resource reserve update▲ GoodMajor
Tumas 3 resource upgraded to 59.9Mlb at 308ppm, up from 49.8Mlb in the February PFS, with Indicated now 54.9Mlb (from 28.4Mlb). Infill drilling converted Inferred to Indicated, resolving the delayed update. Management says it supports the 20-year-plus mine life target.
27 July 2021regulatory community update▲ GoodMajor
Tumas Mining Licence Application was lodged 21 July 2021 as MLA 237. Grant is expected within 18 months, after the DFS, environmental assessment and clearance are submitted. DFS targets a 20-year-plus mine life at about 3Mlb a year, due late 2022.
13 July 2021drilling result● Neutral
Tumas 3 infill program is complete: 911 holes, 17,679m. Tumas 3 West was weaker, with 36% of holes over 100ppm, as expected for the edge of the deposit. Resource update now due late July (slipped again); Tumas 1 East drilling has begun.
8 June 2021drilling result▲ Good
Infill drilling at Tumas 3 Central finished: 359 holes, 7,634m; 804 holes in total since February. Best result 8m at 2,242ppm. Drilling has moved to Tumas 3 West; updated Tumas 3 resource now expected late June, slipping from the earlier June estimate.
4 June 2021other● Neutral
Administrative notice: 25,000 shares issued on conversion of performance rights, 18,000 new performance rights granted to staff, and 53,030 rights lapsed. Immaterial.
25 May 2021investor presentation● Neutral
Corporate presentation for the 121 Mining Investment EMEA Conference, 25-27 May 2021. Visible text shows only the title page and disclaimers, with no new results or figures.
25 May 2021admin correction● Neutral
Late Appendix 3X filed for new Chairman Chris Salisbury, who holds no securities. The filing was missed through administrative oversight, another late director notice following those of December 2020. Administrative only.
21 May 2021other▲ Good
Deep Yellow was added to the MSCI Australia MicroCap Index, effective 27 May 2021, in the index provider's semi-annual rebalance. No effect on operations or projects is stated.
12 May 2021director officer appointment▲ GoodMajor
Chris Salisbury, ex-Rio Tinto and former head of Rössing and ERA, replaces Rudolf Brunovs as Chairman. Brunovs stays as non-executive director. Further board changes are anticipated in the second half of 2021.
7 May 2021director officer appointment▲ Good
Andrew Mirco, a former Paladin Energy treasury and corporate development executive, was appointed Head of Business Development. He will pursue acquisitions and later lead project financing for Tumas, advancing the stated acquisition strategy; no deal is announced.
5 May 2021drilling result▲ Good
First phase of Tumas infill drilling finished at Tumas 3 East: 445 holes, 6,987m, with 48% hitting over 100ppm. Best result 7m at 997ppm. Supports converting Inferred resource to Indicated; updated Tumas 3 East resource due late May. Phase two has started at Tumas 3 Central.
20 Apr 2021investor presentation● Neutral
Corporate presentation for the H.C. Wainwright Spring Mining Conference on 19 April 2021. The visible text shows only a title page and disclaimers, with no new results or figures.
20 Apr 2021drilling result▲ GoodMajor
Barking Gecko follow-up drilling finished: 13 holes, about 3,200m. Eight of nine new holes hit uranium, best TN253RC with 14m at 404ppm and 45m at 222ppm. Two zones, North and South, identified; more drilling planned for second half of 2021.
19 Apr 2021investor presentation● Neutral
Notice that John Borshoff will present at the H.C. Wainwright Spring Mining Conference on 19 April, covering the Tumas PFS and DFS, exploration and the uranium sector. No new results.
8 Apr 2021investor presentation● Neutral
Corporate presentation for the Sprott Capital Partners Uranium Conference on 7 April 2021. The visible text shows only disclaimers and a title page, with no new results or figures.
1 Apr 2021admin correction● Neutral
Director interest notices filed after the share purchase plan shares were issued. For example, John Borshoff bought 8,290 shares at A$0.65, lifting his direct holding to 56,677. Administrative disclosure only.
23 Mar 2021capital raising announcement▲ Good
The share purchase plan was heavily oversubscribed: applications for A$7.423M against a A$2M cap, so each applicant gets 26.9457% of their request. 3,076,874 shares at A$0.65 will be issued, raising A$1,999,968.
What it means for a shareholder
3.1m new shares at A$0.650 to raise about A$2.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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5 Mar 2021half year report● Neutral
Half-year report to 31 December 2020 covers work already announced: Tumas PFS completed, Tumas 3 infill drilling, and JOGMEC's A$4.5M earn-in at Nova JV. Visible text shows no new results; 161 holes (3,770m) were drilled at Tumas 3 and Tubas.
25 Feb 2021capital raising announcement● Neutral
The share purchase plan opened to eligible shareholders, offering up to A$30,000 each at A$0.65, the same price as the placement, to raise up to A$2M. Offer documents were sent out. Continues the February raising.
24 Feb 2021capital raising announcement▲ Good
The A$40.8M placement completed: 62,768,803 shares issued at A$0.65 to institutional investors, with Euroz Hartleys and Aitken Murray as joint lead managers. Confirms the 18 February raising; a cleansing notice was attached.
What it means for a shareholder
62.8m new shares at A$0.650 to raise about A$40.8m. 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.
