SVY stavely minerals limited

Ann: Quarterly Activities Report - December 2023, page-2

  1. 2,110 Posts.
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    Share price getting smashed after the company overpromised and underdelivered. Lost a lot of shareholders hoping for those big targets to come through

    However, it looks oversold here (like most explorers).

    Stavely Minerals had a total of $1.379M cash on hand at the end of the December 2023 Quarter.
    Stavely Mineral’s 524-acre property in the Thursday’s Gossan area remains on the market for sale.

    The farm alone is worth around $3million.

    IF they can sell the farm in this market, they would have $4.3Million to finance the exploration at both Staveley and Hawkstone Projects.

    That would give them a lifeline and opportunity to rerate in this market.

    Interestingly is that both Chalice and NWM accepted Staveley shares at a much higher price. Last CR at 9c? Interesting to see how this evolve.

    I am buyer at these levels. Let's see.
 
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(20min delay)
Last
1.8¢
Change
-0.002(10.0%)
Mkt cap ! $9.792M
Open High Low Value Volume
2.1¢ 2.1¢ 1.7¢ $20.08K 1.058M

Buyers (Bids)

No. Vol. Price($)
2 202317 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 303618 2
View Market Depth
Last trade - 15.37pm 21/07/2025 (20 minute delay) ?
SVY (ASX) Chart
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