Deep Yellow advances towards bankable feasibility stage with its Namibia-based uranium project
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.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/946733/deep-yellow-advances-towards-bankable-feasibility-stage-with-its-namibia-based-uranium-project-946733.html
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