SVY 4.17% 2.3¢ stavely minerals limited

Ann: Outstanding Thick Intercepts in First Step-Out Hole, page-71

  1. 1,160 Posts.
    lightbulb Created with Sketch. 138
    I don't think anyone sees the announcement as negative, for those of us who've been sitting on this for months and years watching and waiting, it's a godsend, it's the news we've all been patiently waiting for.

    I think the concerns of some (me included) is that we have almost 200m shares on issue (including 15m unlisted options now in the money). So to see a share price of $1.50 at this stage ($300m mcap) may be premature and perhaps not sustainable in the absence of much larger strikes.

    Long term looks fantastic, short term is likely to get very messy.

    IMO
 
watchlist Created with Sketch. Add SVY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.