DEV devex resources limited

Just bought into Devex, with some profits from Droneshield.I'm a...

  1. 305 Posts.
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    Just bought into Devex, with some profits from Droneshield.

    I'm a big believer in Tim Goyder, and his companies.

    I've been watching Devex a long time, since it was above .30, and I never expected it to drop so low.

    I have a lot of uranium holdings, dating back to 2013, after Fukushima.

    I've sold a lot and taken profits, but Devex looks very undervalued to me currently.

    If we hit some high grade results, the market will take notice.

    I wouldn't mind if one of the big guys like Cameco or Energy Fuels wanted to increase their exposure in Australia.

    There has been minimal replacement of existing resources over the last decade, and most of what has been done is in Africa.

    After my continuing nightmare with AVZ, Africa is a no fly zone.

    I now appreciate the safety and security of Tier 1 assets in Australia.

    Keep building those small modular reactors, and bringing closed down facilities back on line in Japan, the US, and Europe.

    It was significant that the Sprott Uranium ETF just raised $200 million USD to invest in uranium NOW.

    Very soon, demand is going to exceed supply.

    Kazakhstan is reducing uranium output from their state owned business, as the easy high grade ore has pretty well been mined out.

    They are/were the world's largest supplier for years.

    Russian exports are toxic.

    Color me green for the environment, as well as money.

    Good luck to all of us going forward.
 
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Last
8.1¢
Change
0.000(0.00%)
Mkt cap ! $35.77M
Open High Low Value Volume
8.1¢ 8.1¢ 7.7¢ $71.17K 900.0K

Buyers (Bids)

No. Vol. Price($)
1 3392 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 73200 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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