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.

OTCPK:STVMF - Post by User

Stavely Minerals Ord Shs > Market has spoken - ho hum

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Post by paperbullon Mar 27, 2015 4:16pm

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Post# 23570824

Market has spoken - ho hum

well this was almost a non-event.

300K average volume (last 10 days). 253K average volume (last month). Company eliminates dividend altogether and only ~ 200K shares are traded today?? This announcement has already been priced in for the mostpart.   Most well service companies were down today anyway

Who here was calling for cutting the dividend altogether and DRIP?   Kudos to your foresight my friend.

SVY getting leaner - looking prettier to buy.   GLTA

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