Original article by Peter Ker
The Australian Financial Review – Page: 2 : 27-Sep-19

Shares in Stavely Minerals rose to as high as $0.93 on 26 September after it reported it had made a highly promising copper discovery near the Victorian town of Dunkeld. Its shares ended up closing at $0.86, compared to a close of just $0.24 on 25 September. Stavely’s discoveries were made at depths of less than 100 metres, with shallow discoveries seen as more valuable than deeper ones because they are cheaper to mine. Stavely’s announcement came a few weeks after it was disclosed the Family Court had directed Stavely founder and MD Chris Cairns to give away six million of his shares in the company.

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STAVELY MINERALS LIMITED – ASX SVY