Stavely Minerals Ord Shs T.SVY

Primary Symbol: STVMF

Metals & Mining Industrial Metals & Minerals

Stavely Minerals Limited is an Australia-based mineral exploration company. The Company is focused on the exploring for copper, gold and silver at the Stavely and Ararat Projects in western Victoria, and nickel, copper and cobalt at the Hawkstone Project in west Kimberley, in northern Western Australia. The Stavely Project, covering an area of approximately 1,000 square kilometers (km2) over the prospective Stavely Volcanic Belt in western Victoria, includes a 100% owned retention license RL2017, 100% owned exploration licenses EL6870, EL7347, EL7921, EL7922, EL7923 and EL7924 and the Black Range Joint Venture license EL5425. The Ararat Project comprises a retention license, RL2020, covering an area of approximately 26km2. The Ararat Project is located on part of the western margin of the Stawell-Bendigo Zone, which is part of the western Lachlan Fold Belt. Hawkstone Project covers an area of 1,100km2 over prospective stratigraphy in the west Kimberley, in northern Western Australia.

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Stavely Minerals Ord Shs

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Post by OilBetaProon Mar 14, 2015 12:20pm

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Post# 23521147

Tell the market something

This stock is being hammered.  It has high debt, but very manageable.  The problem is that they let go the CEO, then watched the COO quit, and have not told the market anything about their plans.  There is no meaningful CEO search, no updates on steps to improve things, just deathly silence.  The Interim CEO was the IR guy, and now he says nothing.  The Board is obviously not letting him say anything.  The problem is they just want to sell the pig, and because they have nothing invested, they arent even a little focused on the shareholders at all.

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