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DYLLF: Since the FID was deferred in April, pre-construction work has continued so that Tumas will be ready for the rapid execution of full-scale construction. The work includes advancing optimized engineering plans, site preparation, infrastructure (water & power) and other operational readiness.

Companies: Deep Yellow Limited

SP Angel Morning View: Copper prices supported by PBOC comments in support of the property sector

Companies: DYL MTC IVN ECOR BEM ATM GLEN BHP GROC ARCM

DYLLF: The Board has opted for a staged development approach at Tumas until uranium prices justify full-scale construction of a greenfield uranium project meanwhile, an updated DFS was completed last month.

Companies: Deep Yellow Limited

DYLLF: The Final Investment Decision (FID) for Tumas will now be made in March 2025. An upgraded Ore Reserve Estimate on the Tumas Project, which now supports a LOM of 30 years, requires additional work to make a prudent FID.

Companies: Deep Yellow Limited

DYLLF: The Final Investment Decision (FID) for Tumas is expected to be made in the very near future. Significant progress has been made in raising capital. Drilling has increased Tumas MRE to potentially support a LOM of 30+ years.

Companies: Deep Yellow Limited

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