Gold had not been included in company estimations in the past12 May 2020 14:12
The higher gold and silver values reported in the head assays for sample 1 – 6 offer confirmation to the results from the underground sampling conducted in 2011 and 2012. These historic underground samples have not been used before in any of the Company’s estimations as they have been unable to have their spatial position verified to an acceptable degree of certainty. These new results now provide Vast with increased insight into the expected gold and silver values in the working areas expected to commence production shortly and would substantially increase the value of the saleable copper concentrate.
Board have major holding in the company Christopher Michael Jeffries 200,000,000 45.9% Intertrader Ltd. 20,540,900 4.71% SpreadEx Ltd. 16,380,306 3.76% Nikolas West 11,100,000 2.55% Nicholas Abdo Rodney Ydlibi 1,250,000 0.29%
IMO Q3 and Q4 we will see some of the company transformational news that the management envisaged. Roll out to USA and Canada has been very quick and just shows how DEV have adjusted to the demands of Lenovo and its international sales drive. All looking very good.
I had a look at VR Education (VRE) not because of any reason to buy but interested to see the growth chart comparison since the C19 happening in the UK. Chart growth is very similar to DEV - Both started their upward surge at exactly the same date - 18th March. Just a snippet of info that i found interesting.
Who knows where the NET partnership could take MOS:-3 May 2020 21:58
Google's Deepmind Subsidiary and NES:- Although artificial intelligence is a natural focus for DeepMind, the company placed its resources into building a tool that would address the urgent problem of rapidly responding to patient-specific alerts. This led to the creation of Streams, a mobile application used by doctors and nurses. It places test results and vital alerts in the palm of their hands, enabling them to make expert clinical decisions in a relatively short space of time. https://www.albanybeck.com/articles/deepmind-streams-nhs-success
No Dev have a direct sales team and that was one of the reasons for acquiring Phenix who already had a strong sales team and customer contracts. Lenovo have a strong education section to the company and the partnership with dev enhanced their capability as well as Devs. The below was taken from the Phenix acquisition RNS Strong strategic rationale with proven synergies identified through existing relationships between Dev Clever and Phenix
· The acquisition extends Dev Clever's current capabilities by adding experience within the fields of direct sales, marketing, videography and animation
· The acquisition further strengthens Dev Clever's position in the education sector
· The acquisition has significant potential to increase capacity and accelerate revenue growth
LLGD, I know exactly what you mean and that is my point too. I only have a small holding of 1m here at 0.285p. The company is on a new footing and with new management. Lets hope they can get back to the golory days of £54m Turnover