India Star Energy Share Discussion Threads

[jaylett] 14/12/2009 08:19

I don't see why the optimism; there is nothing in there we didn't know. The outlook statement is hardly shouting up the prospects from the rooftops is it?

Oh and Clint, you really are a tedious bore. Do you think anyone is really interested in your long-winded, know-all, ranting posts? You choose not to believe that I bought in at .65p, fair enough. As I said before, it matters little to me. I'll wait with baited breath for your next riveting novel on here though, will check back in a week or so.

Cheers
Jay

[flojo] 14/12/2009 07:42

Well said Sagem,this will sparkle first quarter 2010 as hinted in the RNS ,please DYOR .Just a point Ewen Wigley has just joined Gasol as there CEO ,he is on the board of advisors to "NU-FUELS INTERNATIONAL",and Haresh Kanibar is also a director of Gasol ,all seem to be connected.!!

[sagem] 14/12/2009 07:40

Its all starting to happen.....and it all takes time, whats happening has now become clear and worth waiting a little longer for the total outcome and possibly a good investment. Rome was not built in a day.

[flojo] 14/12/2009 07:23

Satan read the RNS properly,they paid out 250k to secure the option already which tells me they will proceed in the first part of 2010.Also the company is out of a closed period.

[satan 1] 14/12/2009 07:07

Doomed imo.thought they had 400k so wheres the money gone ?

[clint2006] 13/12/2009 16:46

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: [phone]
Facsimile: [phone]

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!!!!"

[tenapen] 12/12/2009 17:28

You have picked the wronge dog this time Treacle & et al.

How does it go "a long term hold is a short term trade gone wronge"

[treacle32] 12/12/2009 12:15

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.

[sweepie2] 12/12/2009 11:58

I didn't know they has assets like that, I be in on Monday, WHAT A FIND
HAPPY XMAS
WHAT A WASTE OF TYPING

[jaylett] 11/12/2009 17:28

What a massive, massive bell-end.

[chrismez] 11/12/2009 17:17

This company is an amazing little gem of a company - amazing management - masses of good news which just keeps coming - RNS's from now til next Xmas - reserves upgrades due soon - fabulously wealthy with £500m in the bank - sale of some minor assets will realise another £500m very quickly - Dividend to be upped to 10p per share in January. Undeserved mkt cap - this will hit £1 per share like a rocketship on its way to Mars - no question - no doubt - I'm in for a few more - Just tried to top up with an extra 30 million shares - broker said No way matey. Cant believe my luck at finding a company like this - I'm so lucky, lucky, lucky, lucky. Off to the Xmas party now as a happy little punter. Best of luck all !!!!!!!!!!!

[jaylett] 11/12/2009 14:51

Err yes. Look at it fly. That £182 will have the MMs in a panic.

I admire your enthusiasm matey, and it's nice to see someone actually looking at this, but honestly, unless INDY management suddenly regale us with tales of what they've been up to for the last six months, and instead of them laying on a beach sipping a Mai Tai like we all thought they were actually doing something to add value, it ain't happening.

We need strong buying volume, nothing else will do. And the only thing that will generate that is news. Good news.

Cheers
Jay

[treacle32] 11/12/2009 13:54

Another buy on PLUS...may start rising heavily soon imo.

11/12/2009 13:50:59 0.48 37,555 O 182.14

[treacle32] 11/12/2009 10:49

More buying...buy just come through on PLUS. May start moving up again soon.

11/12/2009 10:45:55 0.48 90,000 O 436.50

[treacle32] 10/12/2009 15:45

Well someone's just bought some.

[treacle32] 10/12/2009 15:44

Well someone's just bought some.

[jaylett] 10/12/2009 14:55

I'm not bitter, I have maintained a sense of humour throughout. I can only echo H D's plea, pump away brother.

[h d shoring] 10/12/2009 14:54

Not bitter treacle ,past caring more like ,wrote these off 3 years ago,with dmr so anything you can blow them up to will be a bonus ,.

[treacle32] 10/12/2009 14:05

Obviously bitter people around. Current mkt cap only covers the AIM listing now at 500K. Double bottom is being formed at this price.

[h d shoring] 10/12/2009 14:02

Did you mean INDY radio FUM the M obviously referring to management .
I suppose it wouldnt do to have all ones shares performing brilliantly .One needs a few dogs to maintain a sense of reality .LOL

[jaylett] 10/12/2009 13:21

Haha, a couple of buys? Unless you're the one buying them, it ain't happening.

Another week of radio silence from INDY FM. Unsurprising.

Jay