DevEx Resources (DEV) Earnings Call Presentation

Company Overview - DevEx Resources is positioned as a rare ASX-listed uranium opportunity, focusing on underexplored uranium projects in the Northern Territory [12] - The company has a market capitalization of approximately $36.6 million (at 8.3c) and cash reserves of $7.8 million as of March 31, 2025 [19] - Major shareholders include Tim Goyder (Chairman) with 19.58% ownership and Paradice Investment Management Pty Ltd with 7.36% [20] Uranium Market and Strategy - The uranium market is experiencing a resurgence due to increased AI and nuclear energy demand versus shrinking supply [12] - A growing supply shortfall is forecast to increase by 200% by 2040, driving strong uranium market fundamentals [25] - DevEx's exploration strategy aims to replicate the success of the Athabasca Basin by focusing on the McArthur Basin [31] Project Highlights - The Nabarlek Uranium Project, 100% owned, is located in the Alligator Rivers Uranium Province, NT, with historical production of 24 Mlbs @ 1.84% U3O8 [39] - Multiple high-grade uranium intercepts have been identified from DevEx's 2023-2024 drilling campaigns at Nabarlek [39] - The Murphy West Uranium Project is an emerging uranium asset where DevEx is earning-in, with multiple large-scale uranium anomalies identified [56, 58] Kennedy Rare Earth Element Project - The Kennedy Project has a maiden Inferred Mineral Resource Estimate of 150Mt @ 1,000ppm TREO (470ppm TREO-CeO2) [71]