Deep Yellow Ends June Quarter With AU$160 Million Cash, Advances Tumas Project Toward FID
MT Newswires Live
Jul 28
Deep Yellow (ASX:DYL) ended the June quarter with cash and cash equivalents of AU$160 million, while advancing its Tumas project toward a final investment decision (FID) anticipated in the fourth quarter of the year, according to a Tuesday Australian bourse filing.
The company said it also progressed its Mulga Rock Project in Western Australia through processing trade-off studies and development of a revised geometallurgical model, while the Alligator River project in the Northern Territory is positioned for the start of the 2026 drilling campaign in August.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.