SVY 3.57% 2.9¢ stavely minerals limited

SVY Interview 6th July 2022, page-3

  1. 38 Posts.
    lightbulb Created with Sketch. 16
    Great interview.
    Thanks so much.
    We need to "Weather out the storm."
    I had not appreciated the issues with rising costs for establishing a mine, and how this makes it virtually impossible at the moment to do a feasibility study. A bit like building a home at the moment - How much will it cost you and when will it be finished??
    I always thought (Wrongly thought) Chris was the fisherman - I thought he would want to keep the other prospects for himself to explore, and sell off Thursday Gossan. He articulated the complete opposite today - Thursday Gossan is over a billion dollar resource, so keep that and joint venture with other exploration companies for the big one!
    Although we have been "Kicked in the guts", so has Chris - His experience, and dare i say wisdom, has a good plan forward - It will just take time. I will need to sell some shares later this year to pay some bills, but will be keeping as many as I can.
    Cheers
 
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