SVY stavely minerals limited

Ann: Presentation - IMARC November 2023, page-7

  1. 9,392 Posts.
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    Had to have a look at a stock I use to hold, years ago, because they are usually drilling for the porphyry at this time of year, every year without success... seems they missed again..

    Is the dream over yet?? I suspect it is if new ground in a far off location is the ant's pants in the presentation.

    Of course like every other junior, every single slight anomaly on some type of geophysics creates huge, huge potential for another cap raise and keep paying overpriced managers a wage. Wait a minute, I'm sure there is meant to be some other type of potential as well..

    $26m Mcap for a company with nothing much, with the failed porphyry drilling again and lots of 'new' ground seems a bit high compared to a raft of other juniors with nothing and a Mcap between $5m- $10m...
 
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