Australian (ASX) Stock Market Forum

DEV - Devex Resources

Bad news followed good news and ... shares go up and they go down ....

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Not holding
Have a very nice week.

kind regards
rcw1


and the good news story continues...


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Good evening
Four year low achieved today (05/09/24); not real flash looking chart...
Not holding.

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Good afternoon
Big Timmy Goyder picks up another 1.3 million indirect shares on 10/09/24.

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Attachments

  • Change-of-Director's-Interest-Notice---T-Goyder.PDF
    172 KB · Views: 1
AGM and ASX speeding ticket

"From its inception, DevEx has been at the forefront of uranium exploration in Australia and, buoyed by the sector’s compelling growth backdrop alongside our extensive exploration portfolio,

"I believe we remain well placed to unlock significant value for our shareholders.
With that in mind, over the past 12 months we have continued to sharpen our focus on uranium, streamline our corporate structure and identify new and exciting growth opportunities.

"During the year we finalised three earn-in agreements to expand our landholdings in the McArthur Basin, executing major drilling and exploration programs across an impressive 14,000km² of underexplored prime land. We believe we have secured some of the best ground in the Northern Territory, which is home to some of the world’s most significant uranium mines, akin to the world-class Athabasca Basin in Canada.

"Our exploration strategy aims to replicate the success of the Athabasca Basin and to position DevEx as the dominant uranium explorer in the region....

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Good afternoon
Big Timmy (Chairman) has increased his stake in DEV, according to the form 603 published on 28/02/25 from 16.99% to 18.96%!!!

Goyder in boots and all. Must see something in his crystal ball, reckon.

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Trade Tech and www.uranium.info.
According to quarterly report to 31 December 2024, see attached, cash burn is at $2.086 Million with about 4.34 quarters of funding left in the kitty.
Sad looking chart

Daily
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Not holding
Have traded
Watching very closely


Kind regards
rcw1
 

Attachments

  • DEV_Quarterly_Activities_and_Cashflow_Report_December_2024.pdf
    2.2 MB · Views: 0
  • Change-in-substantial-holding---T-Goyder.PDF
    219.9 KB · Views: 0
DEV is my stock pick for April 2025. As mentioned, directors stocking up plus uranium is in play plus SP is on an uptick.

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DEV is my stock pick for April 2025. As mentioned, directors stocking up plus uranium is in play plus SP is on an uptick.

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good luck.
I was contemplating to tip for this but you actioned.
Nonetheless, I did buy some yesterday :) which has given better result in a day than my win (remotest probability) on the tipping would have been !!

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Great posting on ASX with a high concentration of investment from top 20
However, I suspect that with $9M cash, the company will be raising capital. Time for @Craton to be the tip star of DEV this month as company will probably jack up the price before CR and dilute the total holding % of the top 20 (all my wishful thoughts ).
Wait and see. Holding.
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Attachments

  • 02931006.pdf
    9.5 MB · Views: 0
  • DEV 1.pdf
    2.9 MB · Views: 0
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