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Deep Yellow (DYL) investor relations material
Deep Yellow Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary21 Oct, 2025
Executive summary
Advanced engineering and infrastructure work continues at the flagship Tumas Project, targeting first production in Q3 CY2027.
Drilling at the S-Bend prospect identified four clusters of higher-grade uranium mineralisation, enhancing the potential to extend Tumas' 30-year Life of Mine.
Mulga Rock Project's mini-pilot resin testwork successfully demonstrated recovery of uranium, base metals, and rare earth elements, with a revised Definitive Feasibility Study progressing.
Alligator River Project fieldwork and drilling programs are underway, with results pending.
Leadership transition underway following the Managing Director's resignation, with the CFO acting as interim CEO.
Financial highlights
Group cash balance at 30 September 2025 was A$203.5 million.
Expected to receive approximately A$8 million in FY2026 from R&D refunds, VAT refunds, and loan repayments.
Quarterly expenditure: A$11.1 million on Tumas development and A$3.8 million on exploration and evaluation activities.
Payments to related parties and associates totaled approximately A$890K for the quarter.
Outlook and guidance
Tumas Project remains on track for first production in Q3 CY2027.
Mulga Rock Project aims for first product approximately two years after Tumas commences production.
Uranium market outlook is positive, with supply deficits projected through 2040 and increasing demand from data center growth and nuclear energy needs.
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Next Deep Yellow earnings date
H1 202612 Mar, 2026
Next Deep Yellow earnings date
H1 202612 Mar, 2026
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Frequently asked questions
Deep Yellow Limited. Deep Yellow Limited is an Australian-based company primarily focused on the exploration and development of uranium projects. Its activities are concentrated on identifying, acquiring, and advancing uranium resources to meet the growing demand for nuclear energy. The company's key projects are situated in Namibia, where it conducts extensive exploration and feasibility studies to evaluate the potential for mining operations. Deep Yellow Limited aims to supply uranium to global markets, contributing to clean energy solutions. The company is headquartered in Perth, Western Australia, and its shares are listed on the ASX.
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