ASX:DYLOil and Gas
Deep Yellow (ASX:DYL) Is Up 5.3% After Advancing Tumas And Multi‑Metal Strategy - Has The Bull Case Changed?
Deep Yellow has reported ongoing progress at its Tumas uranium project in Namibia, including bulk earthworks, detailed engineering and key power and water supply arrangements, while also advancing studies and exploration across its Australian portfolio at Mulga Rock and Alligator River under a new CEO appointed in February 2026.
An important insight is that Deep Yellow is positioning Tumas and Mulga Rock as multi-asset, multi-metal developments, potentially broadening future revenue drivers...