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INDY India Star

0.325
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
India Star LSE:INDY London Ordinary Share GB00B06L4049 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.325 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.325 GBX

India Star Energy (INDY) Latest News

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India Star Energy (INDY) Discussions and Chat

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Posted at 06/9/2012 09:02 by waldron
India Needs Long-Term Plan on Capital Infusion in Banks - PM's Adviser
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By Nupur Acharya
MUMBAI--The Indian government needs to draw up a long-term plan on how it is going to inject money into state-run banks, the chairman of the Prime Minister's Economic Advisory Council said Thursday.
"It is quite evident that the capital infusion by the government will remain large and has to be a continuous process, and as such a long-term program will have to be drawn up," C. Rangarajan said, according to the advance transcript of a speech he is scheduled to deliver later in the day at a conference.
His comments come as the January date to start implementing stringent Basel-III rules draws nearer. Basel III is a global regulatory framework for more resilient banks and banking systems.
Though banks can raise money by accessing the capital market, Mr. Rangarajan said state-run lenders will require additional budgetary support.
On Tuesday, Reserve Bank of India Governor Duvvuri Subbarao said the government may have to inject 900 billion rupees ($16 billion) into state-owned banks to retain its current shareholding level.
Write to Nupur Acharya at nupur.acharya@dowjones.com
Posted at 27/8/2010 15:24 by h d shoring
Dont forget guys to buy your bush jackets and hats,ready for the great Hershi bar kid safari around Africa.
It is scheduled to start 21/9/2010 straight after the money is wasted on changing our name .
IMIC is inviting all long suffering INDY holders along to spot some wild infrastructures.
The best ones will be optioned and the company may invest in them but reserves the right to let these options lapse if thought more fitting financially.
You may bring your own mosquito nets to avoid being stung [again]
Posted at 13/8/2010 09:50 by goldenfortunes
Take a look at Shanta Gold (SHG)
Price 18.25/19.00p


three major news are expected any day now....


1) Financing Chunya mine
2) License (SP will be at least 28p on this news alone)
3) Muhindiri results


43p current share price target from broker and 64p if they include Singida in the valuation...
Posted at 11/8/2010 08:10 by chrismez
A letter to Hare Krishna or as HD prefers to calls him - the Hershey Bar Kid - is in order. I suggest something along the following lines:

"Dear Hare, hare, hare, hare,

We, your devoted followers, and incidentally, shareholders in LSE:INDY, worship at the alter of General Corporate Development, and pray that the bank accounts of your good self and your fellow directors are swollen massively by GCD (otherwise known as Greedy Cow Disease).

However, of late, and by of late, I mean the last five years, we have had no news as to how the House of INDY is doing. Would it be too much to ask for an update possibly by way of an RNS (otherwise known as a Real News Sermon) guiding us unto the ways of the good Lord Indy.

We know your time is precious oh great one, not least because you only work 5 minutes per week on our behalf, and we seek not to burden you oh mighty one, but we would greatly appreciate some financial data sustenance mainly in the way of reports as to how our investments are fairing?

We await your reply with piety, patience and very little prosperity.

Yours etc"

What do you think?
Posted at 10/8/2010 13:53 by sagem
Its about time we got some real information of just what is happening with India Star Energy as they have been involved with a few companies.............

India Star Energy plc - AIM ticker: INDY
Website: www.indiastarenergy.co.uk
India Star Energy is an investment company focused on gold, platinum group metals and
uranium interests in Canada. Investments include a 15% stake in Canadian Golden Dragon with
interests in two high grade platinum and palladium properties in Ontario; an interest in Canadian
explorer East West Resources Corporation with a portfolio of early stage properties for platinum,
palladium, gold and base metals, a copper-molybdenum deposit in Thunder Bay, and a 50% share
in the Magotte joint venture with East West Resources in Ontario, targeting uranium.

Their also seems to be some involvement with STARVEST PLC but I think something is brewing behind the scenes and I hope we get some real good news soon
Posted at 06/8/2010 10:07 by chrismez
These muppets couldn't find snow in Winter, much less oil.

So which one of the mysterious and anonymous companies that INDY has invested in, has an oil project on the go, cos it sure aint gonna be INDY that does the oil project - they've only got threepence left in the bank?
Posted at 17/7/2010 23:44 by rodspotty
Placing and Issue of Equity



TIDMINDY

RNS Number : 4353P
India Star Energy plc
16 July 2010

?
INDIA STAR ENERGY PLC
(AIM: INDY)

Placing and Issue of Equity

India Star Energy Plc ("India Star" or "the Company") announces that it has
completed a placing of 281,758,857 new ordinary shares of 0.2 pence each ("New
Ordinary Shares") at a price of 0.35 pence per share raising new monies
totalling approximately GBP986,000 ("the Placing"). In addition the Company has
issued one warrant for each Placing share exercisable at 0.35 pence per share
for a period of 24 months following admission of the New Ordinary Shares. The
proceeds of the Placing will be used for general corporate development.

Further to the Placing the following shareholders have a disclosable interest:

+----------------------------+-------------+-------------+---------+
| | Placing | Revised | Revised |
| | shares | total | % |
| | acquired | holding | |
+----------------------------+-------------+-------------+---------+
| Brewin Nominees (Channel | 57,142,857 | 57,142,857 | 12.79 |
| Islands) Limited | | | |
+----------------------------+-------------+-------------+---------+
| Hexagon Finance | 112,308,000 | 112,308,000 | 25.14 |
+----------------------------+-------------+-------------+---------+
| Banque Benedict | 112,308,000 | 112,308,000 | 25.14 |
+----------------------------+-------------+-------------+---------+

In addition, as announced in the interim results for the six months ended 31
December 2009, India Star has been monitoring the economics relating to its
option to acquire 100 per cent. of the issued share capital of New Fuels
International Limited ("NWIL"). It has now been concluded that it is not
economically viable to exercise this option which has now lapsed.

Application will be made to the London Stock Exchange plc for the New Ordinary
Shares to be admitted to trading on AIM and is expected to occur on 22 July
2010.

In accordance with the provisions of the Disclosure and Transparency Rules of
the Financial Services Authority, the Company confirms that, following this
issue, its issued share capital comprises 446,758,857 Ordinary Shares of 0.2p
each. All of the Ordinary Shares have equal voting rights and none of the
Ordinary Shares are held in Treasury. The total number of voting rights in the
Company is therefore 446,758,857.

This figure may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in, the share capital of the Company under the
Disclosure and Transparency Rules.

+--------------------------------+---------------------------------+
| Contacts: | |
+--------------------------------+---------------------------------+
| | |
+--------------------------------+---------------------------------+
| India Star Energy plc | www.indiastarenergy.co.uk |
+--------------------------------+---------------------------------+
| Haresh Kanabar, Chairman | +44 (0) 116 261 2004 |
+--------------------------------+---------------------------------+
| | |
+--------------------------------+---------------------------------+
| WH Ireland Limited | www.wh-ireland.co.uk |
+--------------------------------+---------------------------------+
| Mike Coe / Marc Davies | +44 (0) 117 945 3470 |
+--------------------------------+---------------------------------+




This information is provided by RNS
The company news service from the London Stock Exchange
END
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 05/8/2009 22:23 by clint2006
Done a bit of number crunching on the proposed Rainy Mountain aquisition of EWR. Won't bore you with the detail, but appears to me to be a pretty neutral deal on paper. Option of 1:5 share purchase at current share price comparison only gives a 10% upswing in average share price from current levels. This would be diluted via more shares of RMN in issue.

Question for us all is, What type of people run RMN and what is their strategy?

Remember TNM have also got JV's with EWR so this could also impact on their NAV.

Research to date is that RMN appear to be more of a capital venture company interested in aquiring companies with depressed share price in relation to true net asset worth. Opportunistic is the word that springs to mind.

Given speculative nature of exploration mining companies and the geographic area in which EWR & TNM are active, I am of the opinion "stick with what you know" Believe this to be a deal to make money for RMN not current INDY,EWR or TNM shareholders. Merely my sentiments DYOR

Good luck all, regardless of which way this deal may go.
Posted at 20/2/2009 08:03 by sagem
INDY hold 2.5 million shares in East West Resources who today issued a very good report on on their Marshall Lake properties..THIS COULD HAVE A GOOD EFFECT ON INDY SHARE PRICE TODAY

COPPER GRADES INCREASE AT DEPTH ON

NORTH GAZOOMA DISCOVERY, MARSHALL LAKE, ONTARIO, CANADA

1.71% copper over 25 metres at North Gazooma from 56.5 metres

Results validate the 0.71% copper over 31.9 metre discovered in 2007

Hole GAZN-08-08 adjacent identifies 53.74 metres at 0.31% copper


"This new discovery adds to an already impressive inventory of copper
"stringer" style mineralization that is often the root to the copper and zinc
bearing massive component of Volcanogenic Massive Sulphide (VMS) deposits."
Commented Paul McGroary, chairman of Marshall Lake Mining PLC.


Thunder Bay, Ontario - February 20th, 2009 - Marshall Lake Mining PLC (PLUS:
MLMP) and its 50% joint venture partner, East West Resource Corporation (TSX-V:
EWR) are pleased to report drill assays from the final three holes of a ten
hole drill program undertaken in 2008 on their Marshall Lake VMS property, 252
kilometres north of Thunder Bay, Ontario, Canada.

The three holes being reported on were drilled on the North Gazooma copper
zone, which was identified in 2007 as the result of drilling an IP anomaly
where the discovery hole, GAZN-07-02, drilled northwards at 45 degree
inclination and produced an intercept of 0.71% copper over 31.9 metres (see
news release, April 17, 2007).

In this latest round of results a further hole GAZN-08-06 was drilled in the
same north-south section, at 60 degrees, underneath the discovery hole
GAZN-07-02. The hole entered the copper mineralised zone at 56.5 metres and
produced a 25 metre intercept, from 69 to 94 metres which assayed 1.71% copper,
8.71 g/t silver and 0.31 g/t gold. This included a high grade 5 metres zone
containing 3.36% copper, 17.14 g/t silver and 0.68 g/t gold. The vertical gap
between this intercept and that of hole GAZN-07-02 ranges from 25 to 35 metres,
and true width, estimated on the basis of this limited information, is 15 to 20
metres.

Additionally, holes GAZN-08-07 and GAZN-08-08 were drilled on parallel
sections, 25 metres east and 25 metres west, respectively, of the section
containing holes GAZN-07-02 and GAZN-08-06, and at 45 degrees inclination,
northwards.

Hole GAZN-08-07 intersected mineralization from 87 to 102 metres depth grading
0.52% copper, 3.36 ppm silver and 0.12 ppm gold.

Hole GAZN-08-08 intersected 53.74 metres of mineralization, from 46.26 to 100
metres, which graded 0.31% copper, 1.45 g/t silver, and 0.06 g/t gold.

The full extent of this new discovery remains to be tested, as does numerous
other IP anomalies on the property.

The project set out above is being supervised by R. Middleton, P.Eng, who is
the qualified person and responsible for quality control of the assaying and
reporting.

More details are available at www.mlmining.co.uk

Project details

The Marshall Lake property is located 310 kilometres north of Thunder Bay in
north western Ontario, Canada and is year round road accessible. Copper and
zinc mineralization hosted in volcanic rock was first discovered in 1954,
resulting in numerous properties being staked and explored. Past diamond
drilling resulted in outlining several mineralized zones. The recent programme
aimed to discover hidden mineralization with the aid of modern geophysics.

Marshall Lake Mining PLC and its 50:50 joint venture partner East West Resource
Corporation have consolidated the existing properties and staked additional
claims resulting in control of more than 50 square miles of the Marshall Lake
copper zinc volcanogenic massive sulphide system.

The directors of Marshall Lake Mining PLC accept responsibility for the
contents of this announcement.

Paul McGroary

Chairman

Marshall Lake Mining PLC
India Star Energy share price data is direct from the London Stock Exchange

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