daytrading feb 22 pre-market, page-15

DYL

a quick activity summary

the recent decline in our share price is disappointing for all of us the team at Deep Yellow . In fact, during the last six months of 2011 we delivered unprecedented success with the following achievements:

· Doubling the MS7 & tripling the Ongolo resources

· Release of a maiden resource at Shiyela

· Lodging of final EIA’s for INCA, TRS & Shiyela

· Lodging Mining Licence Applications for INCA, TRS & Shiyela

· Completion of the Shiyela Scoping Study

We are also at full speed this year, having made announcements on the Shiyela Strategic Review, the INCA resource update and now the EPL renewals – without which we would not be able to continue to operate on those tenements in Namibia. In addition, we are continuing to pursue the TRS project as an interim standalone opportunity with offtake to either Rossing or Langer Heinrich to speed up our transition to producer, whilst continuing our exploration focus on the high grade INCA-MS7-Ongolo trend.



We therefore expect to be in a position to release even more results in line with the successes of last year in the coming months & hope that in so doing we will regain your confidence.


so DYL has to be a good buy at .12 cents