India Star Energy Share Discussion Threads

[sagem] 04/8/2010 07:39

Their must be some outstanding news on the way

[sagem] 04/8/2010 07:38

Their must be some outstanding news on the way

[h d shoring] 02/8/2010 14:49

shhhh dont make too much noise most pi,s on here tend to sleep a lot.

[sweepie2] 02/8/2010 14:14

Another small buy today has pushed the price up a tick

[skintvestor] 30/7/2010 16:41

Wow!!!! A couple of buys today!!!!!! The excitement is just too much.

[blue_max] 30/7/2010 13:32

did anyone notice that Tata is investing in China by opening factories there?
I guess these multi-nationals don't care a damn about political boundaries.

Shape of things to come ?!

[h d shoring] 29/7/2010 16:58

Heard a rumour that besides salary payments to the bod[thats a laugh,more like bored directors]
We the owners of this company are going to get rid of the old mini digger and get a bigger one.
Also two new tyres for the trailer,which are wearing thin due to the countless miles it covers carrying said mini digger round Canada .
A new set of drill bits are to be purchased for the bosch sds drill and the drilling programne is to be upgrade to 2000 holes at 150mm deep during the next 5 years.
Meanwhile sit back chaps safe in the knowledge you will not be disturbed by any rns for the next 6 months .

[chrismez] 27/7/2010 13:17

Exactly HD - although I think they call it "general corporate development" or some such, these days. Keep up will you!

[flojo] 19/7/2010 15:18

Ageed rodders ,and they have got the money up front ,no waiting or messing with three institutions !!

[rodspotty] 19/7/2010 15:15

Well its obvious they have raised cash for something?????

Rodders

[flojo] 19/7/2010 11:57

There has got to be something due soon like board appointments for what ever project they have in mind.

[rodspotty] 18/7/2010 00:44

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 | [phone] |
+--------------------------------+---------------------------------+
| | |
+--------------------------------+---------------------------------+
| WH Ireland Limited | www.wh-ireland.co.uk |
+--------------------------------+---------------------------------+
| Mike Coe / Marc Davies | [phone] |
+--------------------------------+---------------------------------+




This information is provided by RNS
The company news service from the London Stock Exchange
END

[bori5] 17/7/2010 11:12

O/T check out IRG. DYOR & GL

[chrismez] 17/7/2010 08:40

Hmmmmm - less than a £1 million raised by way of the placing - that's microscopic in placing terms.

And what does that mean - it will be used for "general corporate development" - that could mean absolutely anything at all .............. including an increase in salaries for our useless one day a week Directors (more than likely).

Placing achieved at .35p - whoopy-do!

I suppose to be fair - it keeps the wolf from the door FOR THE MOMENT - might allow the company to survive a little longer but that's about all I can see.

[flojo] 16/7/2010 10:43

MMs trying to create a market here.small spread.

[flojo] 16/7/2010 10:38

Could be a golden oppitunity for new investors here, we will see.

[tam oshanter] 16/7/2010 10:29

thanks Flo, seeing this at the top of the leader board reminded me that I am a shareholder in this wonderful company. I'll be back at .8 when I break even.
Onwards and upwards.

[justjules] 16/7/2010 10:13

fingers crossed... had these for an age......

[flojo] 16/7/2010 10:13

Remember yesterday Sagem ,someone just after 8am took 300k,they must of heard something.

[sagem] 16/7/2010 10:11

WOW now over million traded and all buys....something is certainly going to happen here and somebody know something....RNS soon me thinks

[nooroc] 16/7/2010 09:49

2.25p would be better my entry price.

[flojo] 16/7/2010 09:29

Sagem ,whatever as long as this move up towards a decent price, 2p would be nice. Regards.

[sagem] 16/7/2010 09:26

I think it might be uranium as I think they have in the past been involved in uranium mining