"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....
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.
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
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 !!
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.
Lol, thnx @Miner but alas, so far your prediction has not materialised.
Having said that, even though more drilling planned for the Jun qtr, I'm sticking with DEV for the May 2025 tipping comp.
Lol, thnx @Miner but alas, so far your prediction has not materialised.
Having said that, even though more drilling planned for the Jun qtr, I'm sticking with DEV for the May 2025 tipping comp.
...because I'm lazy, am picking DEV for the July 2025 tipping comp. No other reason, other than aforementioned laziness and a feeling in my waters, oh and the fact SP is under 10 cents. Lol.
Tim Goyder makes me interested in this as a spec dart throw. Even though I don't think he knows anything about uranium. But he has discovered some other stuff.
The big crocodile in the room is that they're drilling in Arnhem Land by the looks. What's the chance of ever building a mine in Arnhem Land these days? I'm surprised it's even open for exploration. The EDO has probably already drafted an appeal to the granting of exploration licenses.
Very interesting chart, to me. Love rounded bottoms.