SVY 3.57% 2.9¢ stavely minerals limited

Resources Rising Stars 17/06/2020, page-15

  1. 428 Posts.
    lightbulb Created with Sketch. 152
    One of the questions at the end of the presentation was..................What is the production timeframe?

    My take on the answer
    - about 18 months drilling
    • flesh out near surface into a resource
    • flesh out u/g mine potential, to costly to do a drillout from surface
    • u/g drillout would happen during the life of the open pit mine.

    - 2 to 3 years approvals
    - 4 to 5 years to production
    During the presentation, it was mentioned a few holes would target the porphyry late this year.

    My thoughts on SVY's direction
    complete shallow drill out into a resource
    firm up u/g mine potential
    firm up potential on regional targets
    hopefully locate the porphyry
    Look for a buyer

    DYOR
    GLTAH
 
watchlist Created with Sketch. Add SVY (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $13.96M
Open High Low Value Volume
2.9¢ 3.2¢ 2.9¢ $56.42K 1.853M

Buyers (Bids)

No. Vol. Price($)
4 237086 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 95893 1
View Market Depth
Last trade - 15.29pm 12/09/2024 (20 minute delay) ?
SVY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.