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Chris Cairns said the company was pleased with the response from investors to the capital raising.

Stavely raises $20m to capitalise on golden run

Gold and copper hopeful Stavely Minerals has tapped investors for $19.6 million via a share placement, as it seeks to take advantage of its surging share price to advance its exploration projects.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
13thStavely Minerals375%35%
14thMeteoric Resources357%21%
284thJameson Resources15%11%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/10/19
$509k Sold
28/10/19
$509k Sold
18/10/19
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

274th↑Meteoric Resources$50k
275th↑Stavely Minerals$50k
277th↑Jameson Resources$48k
485 listed resources companies ranked by revenue.
Source: Morningstar

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