Vimy acquisition just the start - Deep Yellow

Vimy acquisition just the start – Deep Yellow

PERTH (miningweekly.com) – ASX-listed Deep Yellow Resource’s acquisition of fellow-listed Vimy Resources earlier this year was just the first step in the company’s merger and acquisition strategy.

Speaking on the second day of Paydirt’s Africa Downunder conference, in Perth, Deep Yellow head of business development Andrew Micro said that the company had undertaken a comprehensive review of about 200 uranium projects globally. The projects had been identified based on deposit quality, geography, operational metrics and potential shareholder creation, adding that work was ongoing to determine which of these assets would fit best within the Deep Yellow portfolio.

“It’s about getting the best fit to achieve our ultimate goal of being a tier one company with multi-jurisdictional assets, and with the aim of producing more than ten-million pounds of uranium a year in the future,” Micro told Mining Weekly Online on the sidelines of the conference. While unwilling to divulge the company’s […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet