How Deep Yellow’s Tumas Progress Is Shaping the Next Phase of Its Uranium Development Story

Deep Yellow Limited (OTC:DYLLF) is one of the top nuclear energy stocks to buy in the next 5 years.

On March 6, 2026, Deep Yellow released its half-year financial report for the period ended December 31, 2025, outlining continued work across its Namibian and Australian uranium assets. The company reported a consolidated loss from continuing operations after tax of $7.78 million, compared with $2.47 million in the prior-year period, while total expenses rose to $11.79 million from $8.77 million. Cash and at-call deposits stood at $187.15 million at period-end, down from $217.37 million at June 30, 2025. Capitalized mineral exploration and evaluation expenditure increased to $334.83 million, and property, plant, and equipment rose to $125.48 million, including $119.30 million tied to the Tumas Project.

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The company said Tumas remained its main development focus. By December 31, 2025, detailed engineering was more than 60% complete, bulk earthworks were about 24% complete, and more than 70% of major process plant equipment had been tendered. Deep Yellow also said an independent technical expert completed due diligence on Tumas in December and found no material issues. At Mulga Rock, the company continued work on a revised DFS, which is scheduled for completion in Q3 CY2026.

Deep Yellow Limited (OTC:DYLLF) is a uranium-focused exploration and development company with projects in Namibia and Australia, including the Tumas Project, Mulga Rock Project, and Alligator River Project.

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