Starvest Share Discussion Threads

[zedder] 03/6/2016 20:16

The Oracle Coalfields (ORCP) holding is starting to show good signs of life. That holding alone now worth £677k.

[tricia51] 26/4/2016 12:28

the investment recently in ggp has doubled.SVE share price up 50% today.coinciding with a £1m gbp placing by MTR.If SVE is getting closer to MTR, which is up 400% in the last month or two, it might be v.good here.just my hopeful opinion.

[zedder] 26/4/2016 12:24

Interesting action today. Director buys?

[russman] 22/3/2016 08:56

Mr Rowan will have to consolidate his portfolio of illiquid investments sooner or later.

[papillon] 21/3/2016 22:23

SVE? Like TIR it's just a pile of poo.

[russman] 28/2/2016 09:56

Shame about Nordic - once it was showing a large paper "profit".

[zedder] 22/2/2016 17:23

In fact happened on the 18th:

18 February 2016

Nordic Energy PLC/ Index: ISDX / Epic: NORP / Sector: Oil & Gas

Nordic Energy Plc
("Nordic" or the "Company")

Statement re: Suspension

The Board of Nordic Energy PLC announces that it has requested its shares to be
suspended from trading on ISDX pursuant to Rule 45 as it will be unable to meet
the required financial reporting timetable.

A further announcement will be made in due course.

The Directors take responsibility for this announcement.

For further information please visit www.nordicenergyplc.com or contact:

Enquiries:

Ken Seymour Nordic Energy PLC Tel: +44 77
1729
5064

Jo Turner Cairn Financial Advisers LLP Tel: +44
20 7148 7900

Liam Murray Cairn Financial Advisers LLP Tel: +44 20
7148 7900



END

[zedder] 22/2/2016 17:21

Nordic Energy now suspended on ISDX? If true, that is not good news at all. Even at 0.8p the Nordic holding was about a sixth of the value of SVE.

[russman] 12/11/2015 03:07

I am surprised the share price has held up so well.
The spread is gigantic.

[brando69] 19/10/2015 12:53

3 SVE holdings in top 10 risers today...

[russman] 17/9/2015 04:22

Brucie has given them a sub to tide them over.

[russman] 16/8/2015 21:26

Nordic is tanking as well.

[papillon] 14/8/2015 18:36

But Brando69, the last SVE NAV update was at the 30th June. At the 30th June the RRR share price was more than double what it is now and the RGM share price was 50% higher than it is now!! Hence the fall in the SVE share price since the 30th June is completely justified!!

[brando69] 14/8/2015 16:50

interesting that on a day when RRR and RGM were among the days biggest risers, SVE was among the days biggest fallers. wander where that leaves the NAV premium to MCap now? about 100%

[russman] 22/12/2014 22:56

Nordic has come off the _oil.

[zedder] 14/11/2014 08:25

A couple of late trades in NORP yesterday. I am expecting the announcement of their move to AIM anytime now

13/11/2014 16:32 100,000 @ 5.5
13/11/2014 16:31 500,000 @ 6.125

[gibrewog] 21/10/2014 08:12

Nordic Energy PLC/ Index: ISDX / Epic: NORP / Sector: Oil & Gas

Nordic Energy Plc

("Nordic" or the "Company")

Maturation and Migration Study

Encouraging Modelling Results On Hydrocarbon Fill Of Large Danish Structures

Nordic Energy, the oil and gas exploration & production company focused on the
North Sea and northern Europe, is pleased to announce encouraging modelling
results from further investigation on Licence 1/13 ("the Licence") that support
the Company's' belief that it is a highly prospective area for hydrocarbons.

The Company commissioned a study from IGI Ltd, a specialised contractor to the
oil industry, to model hydrocarbon generation and migration for the Licence
using industry standard modelling software and workflow. The purpose of this
study was to further investigate the migration of hydrocarbons from the Central
Graben, located approximately 100km away, and the central Graben's capacity to
generate hydrocarbons.

In the Company's CPR, the biogenic gas in the shallow Miocene sands is thought
to be generated locally and, therefore, a low risk factor was assigned in the
CPR to migration for the Miocene prospects. The deeper Chalk and Rotliegendes
structures are thought to depend on migration from the Central Graben to fill
them with hydrocarbons. As a result of the length of the migration pathway, a
high risk factor was assigned for migration into these prospects in the CPR,
which made it important to study this issue further.

Initial assessment from IGI's study, which took into account a large number of
scenarios, has now been completed with several important conclusions:

* Significant amounts of hydrocarbons are likely to have been generated in a
close-by area of the Danish Central Graben from which they may have
migrated updip into the Licence;

* Three dimensional modelling of the migration fairway shows that the
potential exists for considerable migration from the Central Graben towards
the Rotliegendes structure on the Licence taking into account oil trapped
in fields in the Central Graben and very high migration losses between the
Central Graben and the Licence; and

* To improve the accuracy of the model will require clearer definition of how
and where hydrocarbons could have left the Central Graben to start their
migration on top of the Mid North Sea High. This could be the subject of
further technical studies.

Rudolf Kleiber, CEO and Founder of Nordic Energy commented: "We are very
pleased with the results of this study which has helped provide further
confidence in our belief that hydrocarbons have migrated onto the Licence. A
reduction of migration risk would lead to an upgrade of risked resources,
subject to an update of the CPR. This will take place at a future date and will
consider the results of the IGI study as well as other ongoing work. We are
greatly encouraged to see that migration distance does not appear to limit
significantly the amount of oil that could have reached the License".

Does anybody know how their AIM application is going?

[zedder] 07/10/2014 15:34

The latest 50k buy wasn't me. I've got plenty now!

[zedder] 02/10/2014 18:02

Good point bingham; forgot the 2.3m shares in treasury.

[bingham] 02/10/2014 17:43

Not £996.77 cash back?
ie £370,000 / 37,120,000 shares.

[zedder] 02/10/2014 15:14

There was also £370k in cash at the Interims stage. For a 100k share buy you can effectively view that as getting £938 cash back!

[zedder] 02/10/2014 14:43

Just expanding on the above. A 100k buy of SVE shares effectively buys the following (from their more valuable holdings):

AAU 32868
ALBA 70718
BEM 5074
GGP 89639
KEFI 48202
RGM 70629
ORCP 55476
SRES 35982
IMIC 634
NORP 101478

[zedder] 02/10/2014 11:13

One interesting way to look at things, is that through my buy of 100k SVE shares over the last couple of weeks, I have 'effectively' bought just over 100k shares in NORP. There is no way I would have been able to buy them for an average of 5.425p!

All the other holdings are added in for nothing!!

[zedder] 02/10/2014 11:03

If the discount applied to Bid Prices amounts to only approx. £350k, then they must be using a discount of only about 15% on the NORP holding. I'd been using 25%, and I think that previously they might have been using 20%.

I assume from this that once NORP moves to AIM they are more confident that there would be a widely available market for the shares.

Also with NORP having had a placing at 6p only a few months ago, presumably it is reasonable to assume they would be able to get a least 6p per share.

[wyken] 02/10/2014 09:44

One day we will make money!
To realaise anywhere near asset value would require liquidation