Just to spell it out to anyone who is a bit unclear.Devex,...

Just to spell it out to anyone who is a bit unclear.

Devex, Chalice and Liontown are all companies mainly started by but all run by and biggest stake held by Tim Goyder.

He has between 17 or so percent and 23 or so percent of each company, which changes a tiny amount according to his buying, company raises etc.

He has been buying Devex the most aggressively of all his companies in recent months and its his biggest percentage held company.

There are a couple of common board members over a couple of the companies other than Tim and many top 20 shareholders that are common to all companies. (Not to get too train spotter about that I wont go into detail as they don't matter). Ha ha!

Point being the three companies are closely intertwined.



A detail to note is the address of these companies

Devex

Chalice all @ Level 2/1292 West Perth WA 6005

Liontown


So they are all in the same office with the same guy running the shows.



In relation to Devex we are very much in the box seat with several new but in particular two new leases at Julimar bookending the strike of CHN.

Im not saying any insider trading will or has happened (we applied for those leases before CHNs breakthrough results were released) but we can't help but benefit from the knowledge of our sister company.

And Tim cant unknow whatever he knows when helping eventually decide when and where we drill one or several or our Julimar prospects.

Sure lots of important data will be put to market in few hundred word CHN announcements around Julimar results but the gut feel of exactly where things are trending and what to look for stays in peoples heads.

We will almost certainly use the same drillers if and when we drill Julimar

Point being if you are a tight wad like me and don't want to pay over a dollar for a proven Julimar play like Chalice, the only choice from the several surrounding juniors with leases in the zone has to be DEV. IMO.

They will have had the most educated view when pegging land for these minerals (other than CHN of course) and they will benefit the most from direct advice from people involved with drilling at CHN.

It goes both ways, if and what DEV discover eventually there will help CHN understand their ground better too.

It seems Tim is banking on the area being a whole new massive mineral province as he has pegged half of Moora about 100 kms north and making reference in LTR announcements to Julimar giving clues that the thinking is it is all connected in a rough North South line.

Anyway thats the links between the companies discussed.

What is really exciting right now at Devex are our Gold prospects in N.S.W. .I believe we will hit a good widespread gold strike soon, we have several very good prospects there in the greater Parkes region very near Gold majors in production on multi million ounce deposits.

You can come for the Julimar leases as they are the topical point at the moment, everyone is looking for the next CHN,
but you will stay for the gold.

DYOR etc