PFS sets Deep Yellow on path to uranium production

PFS sets Deep Yellow on path to uranium production

Deep Yellow’s drill crews continue to build the resource inventory at Tumas in Namibia. Credit: File Deep Yellow has tabled its much-anticipated pre-feasibility study over the Tumas uranium project in Namibia, with the aspiring producer lodging a robust set of numbers green-lighting a fast-track path to production.

After the company’s pre-feasibility study, or PFS demonstrated some compelling financials, it signalled it would move directly into a definitive feasibility study on the project.

The PFS on Deep Yellow’s Namibian project showcased a gross revenue over an 11-year life of mine at A$2.5 billion with an EBITA of more than A$125 million per annum. Compellingly, the payback period on the initial capital costs is less than 4 years with the PFS also presenting a Net Present Value of A$276 million. The completion of the Tumas Pre-Feasibility Study marks a major milestone for Deep Yellow as we advance our exciting Namibian project portfolio towards […]

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