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INDY India Star

0.325
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
India Star Energy Investors - INDY

India Star Energy Investors - INDY

Share Name Share Symbol Market Stock Type
India Star INDY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.325 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.325 0.325
more quote information »

Top Investor Posts

Top Posts
Posted at 04/8/2010 08:07 by flojo
Next news will be board appointments,the 3 new institutional investors would not stick 980k into the company for the fun of it,think about it.
Posted at 16/7/2010 10:38 by flojo
Could be a golden oppitunity for new investors here, we will see.
Posted at 05/3/2010 15:35 by sagem
I just wonder why we are all still here with cash invested in this company......if you all feel so negative why dont you just sell and move on......we all live in hope and expect a good deal eventually life is just a chance we may get lucky with this one through
So how much cash are we all chancing, please be honest ....my holding is worth £400 TO SELL,,,,AM I JUST A MINI INVESTOR HERE ??
Posted at 13/12/2009 16:46 by clint2006
CHRISMEZ- If you had done any worthwhile research into the NUFUELS deal and activities, then you would realise, as I do, how foolish and uninformed your posts are. The company is only based in the Seychelles you plonker!

European Representative Office
New Fuels International Limited
8-10 Rue Du Marché
CH-1204, Geneva
SWITZERLAND
Telephone: +41 22 595 0020
Facsimile: +41 22 595 0021

Quote from their website - NuFuels is opportunistically developing captive raw material feedstock through plantation development and small farmer development in countries situated in Africa.

Africa's a mighty big place on my globe!

Feel free to contact them for more info, think you need it.

Treacle32- Whilst your post is informative, it is old, old news to me. Merely supports my argument that, based on current fundamentals, this is a long term hold with little value above 0.5p. However investors invest based on any speculative potential for future change. So have you anything new to add?..... if you can't put up....... then shut up.

And sadly for you.....

Jaylett - You're just a fool that will lose time and time again. You keep giving the impression you are an experienced investor that bought into this share a long time ago and at a price that you thought was value, for the potential risk.

Wake up...... buying at 0.65p (So you claim) .... More like 0.9p - 1.0p and only in Sept 2009... Tells it all. Tired of listening to your bleating.... do yourself a favour and sell now. Plenty of pound shops for you to get your prezzies from.

Stop blaming every man and his dog for you being an idiot........ Please, please, please let this be enough for you to bog off.

What sort of investor openly talks down and encourages others to talk down their own holding, then blames the company for the share price going south?

I would have thought you would have welcomed the recent ramp so you could top up....... hold on....... don't tell me your waiting for the top of the spike (buying op!)......again. Will you never learn?

Even pumpers and dumpers are contrarian to your investing strategy!!!!!!!!!!!!!

May I take this opportunity to apologize to all serious investors in INDY. I would love to share my research, thoughts and opinions (Informed and without motive!) with you, but this board seems to be infested with a virus for which there is no known cure at this time. "Ignorance!!!!"
Posted at 12/12/2009 12:15 by treacle32
Their 3 investments is worth a lot more than £660,000 as per current mkt cap:-

The Company has three principal investments, the progress of which is summarised below:

New Fuels International Limited ('NFIL')

NFIL is a Seychelles based, specialised development company involved in the
creation of renewable bio-fuels and bio-energy projects. NFIL is establishing an
international consortium of investors and technology partners to replicate the
Brazilian bio-fuel model in carefully selected African countries. As an initial
strategy, NFIL is seeking to develop captive raw material feedstock through
sugar cane plantation development and small farmer development in markets that
have a competitive advantage in sugar cane production. This will be matched with
the establishment of Ethanol processing facilities based on sugar cane as a
feedstock for domestic and export consumption.

India Star has acquired an option to purchase 100 per cent, of the issued share
capital of NFIL. Under the terms of the share option agreement dated 10 July
2008, the NFIL Shareholders have agreed to grant to India Star an option to
purchase all of the Option Shares (including any additional ordinary shares
issued during the period of the option (the 'Option'). The Option to be
exercised in whole and within 12 months of entering into the Agreement. The
initial consideration paid for the Option was GBP250,000 cash upon exercise of
the Option, India Star and the NFIL Shareholders will agree the purchase price
for the Option Shares or, to the extent that no agreement is reached, the price
will be determined by an independent investment bank. The Option Shares purchase
price will be satisfied by the issue of ordinary shares of India Star Energy to
the NFIL Shareholders.

The Company is in close discussions with New Fuels International with a view to
extending the term of the option. We have experienced delays in reviewing this
opportunity due to the rapid drop in the price of oil as this has a direct
impact on the economics of alternative sources of fuel. We are however confident
that alternative fuel is the right space to be in and when market conditions
improve we will seek to pursue our strategy. The Company will announce any
amendments to this option to Shareholders, as and when appropriate.

Trillium North Minerals Ltd ('Trillium')

Trillium is quoted on the Toronto Ventures Exchange ('TVX') and is developing
its mineral rights in Ontario, Canada. India Star holds 7 million shares
(representing 11.49 per cent. of its current issued share capital).

Trillium is engaged in the acquisition, exploration and if warranted,
development of mining properties in Canada. It currently holds interests in
resource properties primarily located in Ontario and intends to seek out and
acquire additional properties, worthy of exploration and development, as its
finances permit. The exploration and development of the properties is
accomplished either through direct expenditure by the Company or joint venturing
of the property to other companies. Trillium's strategy maximises opportunity by
complementing the development of its 100% owned properties with a diverse
portfolio of joint ventures with exploration funding commitments from partners.
This strategy leverages the exploration teams' proven ability to recognise
overlooked geological opportunities using advanced geological techniques.

In December 2008, a drill program comprising four drill holes totaling 860.5
metres were completed on Trillium North Minerals Ltd's West Porcupine gold
property located 34 kilometres west of Timmins, Ontario. This property contains
a drill hole made in 1994 by Hemlo Gold Mines Inc., which intersected 11.9m @
6.5g/t Au, including 1.5m @ 43.4g/t Au The assays were performed on 30-gram
samples with fire assay method and atomic absorption finish.

The drill hole intersected silicified basalts adjacent to the Destor Porcupine
fault extension and a Quartz Eye Porphyry containing molybdenite. Quartz veins
identified by Hemlo in step-out holes 150 metres below and 400 metres on strike
produced assays of 2m @ 18.7g/t.

The purpose of the present, limited program was to test a previously untested
area on the north side of the original Quartz Eye Porphyry discovery 1,600m west of the 1994 gold zone. Quartz veins containing pyrite were intersected, and a number of ultramafic zones within the Destor Porcupine fault system were
identified in this program.

East West Resource Corporation ('EastWest')

EastWest is a Canadian focused exploration company based in Thunder Bay,
Ontario, formed in 1979 and is quoted on the TVX. India Star holds 2.5 million
shares in the company (representing 1.92 percent of its current issued share
capital).

EastWest explores for copper, zinc, nickel and precious metals in northwestern
Ontario. One particular focus is on the platinum group metals in association
with copper and nickel.
EastWest has three flagship assets plus an active portfolio of early stage
projects.
Posted at 01/12/2009 21:20 by clint2006
Chrismez - With all due respects, RNS's cost MONEY. Why pay extra money, to release news that is already in the public (Investors / Shareholder) domain. Indy have released 30 RNS's since 2006, average of 10 ish a year. EWR & TNM probably many more.

Problem here is the news, or lack of it, is not what some people want to hear therefore it is ignored. I for one would be overjoyed if an RNS came out tomorrow that shot the share price into orbit, but , in the real world, it rarely happens. Especially when people want it to.

If it did we would all be filthy rich, accused of being witches and put to the test on a dunking stool. ( I know thats an urban myth by the way, no historical fact to support dunking stools ever existed)

What 'WE' have invested in here is speculative potential, that may, or may not come to fruition.

Thats Life / Investing. Sometimes its good, thrilling and a buzz other times its sad, frustrating and damn disappointing.

So stop self harming, there are only three decisions to be made

1/ Cut your losses, lick your wounds (Learn) for next time
2/ Sit tight and believe that your initial decision to invest was the right one.
3/ Hedge down by buying more in the hope of realising a profit at lower share price (Only for the experienced risk adverse investor)

Sorry to say it, but DYOR dont rely on an old fool like me!

Kind Regards & Good luck to you and all.

Merry Xmas and a Happy new year to everyone and their families. (Including Jaylett)

Clint
Posted at 01/12/2009 15:39 by clint2006
Jaylett - Your ignorance , obviously knows no bounds. Quite obviously your expectations reflect your ability to research.

I'll be adding a few more at this value. imo

Leave you to guess (Research!!!!) how much I hold. Answer only a few clicks away, if you can be bothered to get off the sofa.

Been an investor !!! for 25 years, made a bundle and lost a bundle but still have enough money left for xmas prezzies.

Guess you'll have to learn the hard way, no teaching some people.

That smug enough for you??????

Best regards, and good luck to all.

Clint
Posted at 24/11/2009 08:36 by jaylett
Clint, thanks for your patronising and sactamonious post. Out of interest, do you actually hold here? And if you do, do you have confidence that the management are activity working to increase the company's value, and therefore provide value to shareholders?

If the answer to that is yes, which from the tone of your post I assume it is, how are you aware of that in the absence of any meaningful update to the market for many months? I am a patient investor, and at the time I bought in I liked the look of the story here. What I wasn't aware of was the total lack of regard the management of the firm has for private investors. Given the track record of those running the show, the lack of news is leading me to make conclusions. I would dearly love to be proved wrong. A 'long-term' investment doesn't automatically mean PIs should be kept in the dark.

Jay
Posted at 19/11/2009 11:12 by jaylett
I see no 'growth'. Like watching grass die would be more apt.

Baht, essentially he jumps from inesvtment shell to investment shell, getting paid, relieving people of investment, and doing nothing of note with it. Directorships all over the place, nothing of any worth, and I don't see any occasion where he has returned any value to investors. That's about it in a nut-shell, this is a nothing company going nowhere.

Jay
Posted at 21/10/2009 13:49 by shammytime
Back to business. Our main man here at INDY has a holding in a company called ARCH Venture partners who (wait for it) is an investor in Sapphire Energy.

It all makes sense now. This would be a fabulous tie up!

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