Business Description:
Deep Yellow Limited (DYL) is a uranium exploration company with operations in Namibia and Australia. DYL is listed on both the Australian and the Namibian Stock exchange.

Strategy Analysis:
The company's enduring strategy is to become an established international uranium supplier with a focus on development through exploration of a number of potential world class uranium deposits. Given a dramatic increase in the prognosis for market demand of uranium by the World Nuclear Association, DYL has identified an opportunity to be a leading contributor in a rapidly expanding industry, expected to see an enormous growth in output over the next 20 years. DYL will continue to make significant strategic decisions to focus activity and effort on major projects in defined geographical areas where the company can build bases to support further exploration activity. DYL is aiming to transition from an advanced exploration company to a development company with a target of becoming a uranium producer in 2013-14. Deep Yellow reported negative cash flow of $635,000 for quarter ended 30 September 2011. Operating cash flow for the period was $(679,000). Payments for exploration and evaluation were $(2.05m). Investing cash flow was $44,000. Financing cash flow was nil. Cash in hand at the end of the quarter was $11.32m.