The good thing about DEV is it is not a one trick pony......
like CHK which crashed and burn't with bad results....
The Lachlan fold belt is where I hope we are most successful.
I was 1st attracted to DEV because of Junee nearly 12 months ago
And Nangus Road looks a very very good target......
With success in the LFB
TG would then have Pd PGE Ni Cu with CHN
Renewable energy with LTR PLUS some recent OK results near CPN
Uranium and hopefully Au Cu with DEV (with success in the LFB)
He could then merge the 3 companies LTR now over 800 million CHN Double that and
A big find in the LFB would give DEV a 800 million mkt cap - so 2 for 1 and merge the 3 to become a power house mining company.........Worth 3.2 billion...and rising..
The Nangus Road magnetic anomaly extends for 2km in a northerly direction, is approximately 2km wide and lies beneath variable transported cover. It displays similar size and magnetic amplitude to the Ordovician aged Cooba Cu-Au bearing Monzonite to the north of the Project
The Company is encouraged by these results following the completion of a recent diamond drill hole (JNDD003), which confirmed that an altered monzonite is the likely source of the Nangus Road magnetic anomaly (see Quarterly Announcement – 28th January 2021). Hole JNDD003 passed through approximately 100m of young, transported cover before intersecting a hornblende, magnetite and biotite-bearing monzonite intrusion with intense propylitic alteration. Geochemistry indicates that the rock is a porphyry-fertile, high-potassium intrusion. Mineralogical examinations of the most intense alteration zones indicate an assemblage of actinolite-albite-epidote in association with the very fine copper minerals chalcopyrite and bornite.
https://hotcopper.com.au/threads/an...ct-nsw.5895722/?post_id=50813549#.YFRpf50zZPY
All that needs to happen is DEV finding the next Cadia Ridge in the LFB....
that can't be too hard?
Chart update
Still in good shape
just needs good news
And there has been no news for over a month...
So things to do while waiting for news...
chart update
above both wedges and looking for an excuse to explode up. GL
Chart, page-956
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29.0¢ |
Change
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Mkt cap ! $125.7M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.5¢ | $18.76K | 64.81K |
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| No. | Vol. | Price($) |
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| 3 | 64776 | 29.0¢ |
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| Price($) | Vol. | No. |
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| 29.5¢ | 27703 | 5 |
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| Last trade - 11.55am 16/07/2024 (20 minute delay) ? |
| DEV (ASX) Chart |