Deep Yellow (ASX: DYL): The July Stock Tapping into a Nuclear Supply Crunch
Uranium is having a moment. But most investors have not yet connected the dots and that is where Deep Yellow steps in.
With global uranium supply sitting at 157 million pounds in 2024 and demand projections climbing to 406 million pounds by 2040, the imbalance is growing fast. Spot prices reached US$106 per pound earlier this year, yet most major producers remain cautious.
Deep Yellow is not holding back. The company holds 430 million pounds of uranium across multiple assets, making it one of the largest resource bases on the ASX. It is cashed up with A$238 million and carries no debt.
- Tumas Definitive Feasibility Study confirms 30-year life and 3.6 million pounds per year
- Post-tax NPV of US$577 million based on US$82.50 per pound uranium
- Total operating margin over life of mine projected at US$2.96 billion
The company’s strategy is not about speed. It is about readiness. The final investment decision for Tumas has been deferred, but financing and engineering work is advancing. This is a project built to enter the market when supply squeezes peak.
Then there is Mulga Rock - one of Australia’s largest undeveloped uranium projects, with rare earth upside. It is already permitted and 100 percent owned.
Deep Yellow closed FY24 as one of the top ten performers in the ASX200.
If uranium is entering a multi-year bull cycle, this is not a stock to overlook in July. It is one that may already be in position.
TechnologyOne (ASX: TNE): The July Tech Stock Hiding in Plain Sight
While investors scan the ASX for momentum plays this July, one high-performing tech company is quietly outpacing the market and doing it for the sixteenth year in a row.
TechnologyOne just posted a half-year profit before tax of $81.9 million, up 33 percent. Its Annual Recurring Revenue climbed to $511.1 million, rising 21 percent and beating its $500 million target 18 months ahead of schedule. Profit after tax was $63 million, up 31 percent. With a record interim dividend of 6.6 cents per share, up 30 percent, the company continues to reward long-term holders.
- Net Revenue Retention of 118 percent
- SaaS and Recurring Revenue up 19 percent to $265 million
- Free cash flow of $24 million, compared to a negative $3.8 million last year
- Cash and investments totaling $211.9 million
TechnologyOne is now aiming for $1 billion in ARR by FY30. Its SaaS+ model, which bundles software and implementation into a single subscription, is accelerating growth. New contracts across local government, higher education and federal agencies are expanding its reach in Australia and the UK.
The acquisition of CourseLoop for $60 million adds a curriculum management engine to its education offering, closing the loop from course design to graduation.
With low churn and top-tier SaaS metrics, TechnologyOne is not just resilient. It is quietly compounding.
And July might be the time to notice.
(Source: Company Announcements)
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
