Deep Yellow Limited (ASX:DYL) (OTCQX:DYLLF) CEO John Borsoff tells Proactive the uranium exploration company has advanced towards a bankable feasibility stage with its Namibia-based uranium project. Borsoff says the group was 'very encouraged' with results from its pre-feasibility study, including a 12-year mine life, an NPV of $207M, and an operating cost of sub $30/pound. The group is now working on converting the remaining 50% of its project into reserves, increasing the mine life to 20 years.
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About Christine Corrado
Christine comes to Proactive with more than five years’ television reporting experience covering general news in the New York tri-state area and two years spent in the technology space, focusing on marketing for a global IT consulting company. Christine holds a Bachelor of Science in Broadcast News from the University of Colorado at Boulder, and has lived internationally in London, Tokyo, and Edinburgh, and has spent a significant amount of time traveling and working in India. Read more
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FOR OUR FULL DISCLAIMER CLICK HEREDeep Yellow advances towards bankable feasibility stage with its Namibia-based uranium project
Published: 09:13 15 Apr 2021 EDT