 REPOST GIVEN TROLLS EXPOUNDING FALSITIES [Trolls F911 (Review post history) and Gorgon Brown (Inactive since 2020 and now suddenly active relentlessly trashing STAR)]
I suppose the third party expert CPR 2P NPV10 of $235 million (2021: $215 million) is just made up along with Canncord 66p target price!!!
The Firestorm scamster - who is a well known pumper dumper on the case of STAR!!!
Net Debt is GBP 1.6mn as of last update - and that is when in 2023 average Brent prices have been lower than in H1 2024!!
Repayment of debt not an issue - and I expect STAR to update they are net cash as per next operations update RNS
Also expect Labour to encourage Geothermal energy - would expect Grants to increase!!
Buyback and/or dividends should be announced by STAR
STAR Share Price-> 7.31p
Brent-> $87.50
STAR Current Share Price vs 52 Week low of 7p on 27 Jun 24-> 4.43%
STAR Current Share Price vs 52 Week High of 14.98p on 4 Jul 23-> -51.20%
Total Voting Rights-> 129,306,506
Market Cap GBP-> £9,452,306
GBPUSD-> 1.280
Market Cap USD-> $12,098,951
Net Debt-GBP (31 Dec 23)-> £1,600,000
Net Debt-USD (31 Dec 23)-> $2,048,000
Enterprise Value (USD)-> $14,146,951
STAR Actual Production Average Full Year 2023 Boe/d)-> 2,100
STAR 2024 Production Guidance (Boe/d)-> 2,000
STAR/IGAS Actual Average Production 2022-> 1,898
EV/BARREL- Actual 2023 Average Production-> $6,737
EV/BARREL-USD FY 2024 Guidance-> $7,073
Decommissioning Provision FY 2023 Results (GBP)-> £62,411,000
Decommissioning Provision FY 2023 Results (USD)-> $79,886,080
EV/BARREL-USD FY 2024 Guidance with Decommissioning-> $47,017
IGAS 2P Reserves Year End 2023 Boe-> 17,470,000
EV/2P-> $0.81 |
REPOST GIVEN TROLLS EXPOUNDING FALSITIES [Trolls F911 (Review post history) and Gorgon Brown (Inactive since 2020 and now suddenly active relentlessly trashing STAR)]
*Oil price assumption of c.$72/bbl for 5 years, then inflated at 2-3% p.a. from 2028 to 2050
· 1P NPV10 of $143 million(2021: $144 million)
· 2P NPV10 of $235 million (2021: $215 million) |
REPOST GIVEN TROLLS EXPOUNDING FALSITIES [Trolls F911 (Review post history) and Gorgon Brown (Inactive since 2020 and now suddenly active relentlessly trashing STAR)]
24 Apr 24
66p new target Cannacord Equity Research ->
"Valuation, target price and rating We take account for our new commodity assumptions and make a number of adjustments to our model, taken together we increase our risked NPV10 based target price to 66p (from 55p) and maintain our Buy rating on Star Energy" |
REPOST GIVEN TROLLS EXPOUNDING FALSITIES [Trolls F911 (Review post history) and Gorgon Brown (Inactive since 2020 and now suddenly active relentlessly trashing STAR)]
I suppose the third party expert CPR 2P NPV10 of $235 million (2021: $215 million) is just made up along with Canncord 66p target price!!!
The Firestorm scamster - who is a well known pumper dumper on the case of STAR!!!
Net Debt is GBP 1.6mn as of last update - and that is when in 2023 average Brent prices have been lower than in H1 2024!!
Repayment of debt not an issue - and I expect STAR to update they are net cash as per next operations update RNS
Also expect Labour to encourage Geothermal energy - would expect Grants to increase!!
Buyback and/or dividends should be announced by STAR
STAR Share Price-> 7.31p
Brent-> $87.50
STAR Current Share Price vs 52 Week low of 7p on 27 Jun 24-> 4.43%
STAR Current Share Price vs 52 Week High of 14.98p on 4 Jul 23-> -51.20%
Total Voting Rights-> 129,306,506
Market Cap GBP-> £9,452,306
GBPUSD-> 1.280
Market Cap USD-> $12,098,951
Net Debt-GBP (31 Dec 23)-> £1,600,000
Net Debt-USD (31 Dec 23)-> $2,048,000
Enterprise Value (USD)-> $14,146,951
STAR Actual Production Average Full Year 2023 Boe/d)-> 2,100
STAR 2024 Production Guidance (Boe/d)-> 2,000
STAR/IGAS Actual Average Production 2022-> 1,898
EV/BARREL- Actual 2023 Average Production-> $6,737
EV/BARREL-USD FY 2024 Guidance-> $7,073
Decommissioning Provision FY 2023 Results (GBP)-> £62,411,000
Decommissioning Provision FY 2023 Results (USD)-> $79,886,080
EV/BARREL-USD FY 2024 Guidance with Decommissioning-> $47,017
IGAS 2P Reserves Year End 2023 Boe-> 17,470,000
EV/2P-> $0.81 |
This will go sub 7p soon; once IIs start dumping everything, you will see trading at sub 2p very quickly. |
Exactly, it's a lifestyle company aka Scam in other words.
The scammer is saying they will sell the assets. So how will they pay the loan?
Why take the big mortgage first, then at 9.6% APR?
They need to pay that $7m next year, the interest. This is coming from the revenue.
The scammer then posted that he was updated by buybacks and then dividends. |
I wouldn't say it's a scam. It's just a lifestyle company. They have enough to keep paying themselves and have a nice life to boot. Pretty standard AIM company. Although they do fund themselves and don't keep issuing shares. |
They need money for other GEO development, so why would they buy back shares?
Careful of the scammer Ash.
Look at his lies; one minute he posted, he got updated about buybacks and dividends.
Companies rarely do both; not even 1% of AIM companies pay dividends.
They have just remortgaged the company.
Next year, they need to pay $7m at 9.5% APR.
This is a scam company with no vision, jumping from one gimmick to the next one. |
We will bring this 1p now. |
Careful of the scammer Ash.
They need money for other GEO development, so why would they buy back shares?
Look at his lies; one minute he posted, he got updated about buybacks and dividends.
Companies rarely do both; not even 1% of AIM companies pay dividends.
They have just remortgaged the company.
Next year, they need to pay $7m at 9.5% APR.
This is a scam company with no vision, jumping from one gimmick to the next one. |
*Oil price assumption of c.$72/bbl for 5 years, then inflated at 2-3% p.a. from 2028 to 2050
· 1P NPV10 of $143 million(2021: $144 million)
· 2P NPV10 of $235 million (2021: $215 million) |
24 Apr 24
66p new target Cannacord Equity Research ->
"Valuation, target price and rating We take account for our new commodity assumptions and make a number of adjustments to our model, taken together we increase our risked NPV10 based target price to 66p (from 55p) and maintain our Buy rating on Star Energy" |
REPOST
I suppose the third party expert CPR 2P NPV10 of $235 million (2021: $215 million) is just made up along with Canncord 66p target price!!!
The Firestorm scamster - who is a well known pumper dumper on the case of STAR!!!
Net Debt is GBP 1.6mn as of last update - and that is when in 2023 average Brent prices have been lower than in H1 2024!!
Repayment of debt not an issue - and I expect STAR to update they are net cash as per next operations update RNS
Also expect Labour to encourage Geothermal energy - would expect Grants to increase!!
Buyback and/or dividends should be announced by STAR
STAR Share Price-> 7.31p
Brent-> $87.50
STAR Current Share Price vs 52 Week low of 7p on 27 Jun 24-> 4.43%
STAR Current Share Price vs 52 Week High of 14.98p on 4 Jul 23-> -51.20%
Total Voting Rights-> 129,306,506
Market Cap GBP-> £9,452,306
GBPUSD-> 1.280
Market Cap USD-> $12,098,951
Net Debt-GBP (31 Dec 23)-> £1,600,000
Net Debt-USD (31 Dec 23)-> $2,048,000
Enterprise Value (USD)-> $14,146,951
STAR Actual Production Average Full Year 2023 Boe/d)-> 2,100
STAR 2024 Production Guidance (Boe/d)-> 2,000
STAR/IGAS Actual Average Production 2022-> 1,898
EV/BARREL- Actual 2023 Average Production-> $6,737
EV/BARREL-USD FY 2024 Guidance-> $7,073
Decommissioning Provision FY 2023 Results (GBP)-> £62,411,000
Decommissioning Provision FY 2023 Results (USD)-> $79,886,080
EV/BARREL-USD FY 2024 Guidance with Decommissioning-> $47,017
IGAS 2P Reserves Year End 2023 Boe-> 17,470,000
EV/2P-> $0.81 |
*Oil price assumption of c.$72/bbl for 5 years, then inflated at 2-3% p.a. from 2028 to 2050
· 1P NPV10 of $143 million(2021: $144 million)
· 2P NPV10 of $235 million (2021: $215 million) |
24 Apr 24
66p new target Cannacord Equity Research ->
"Valuation, target price and rating We take account for our new commodity assumptions and make a number of adjustments to our model, taken together we increase our risked NPV10 based target price to 66p (from 55p) and maintain our Buy rating on Star Energy" |
REPOST
I suppose the third party expert CPR 2P NPV10 of $235 million (2021: $215 million) is just made up along with Canncord 66p target price!!!
The Firestorm scamster - who is a well known pumper dumper on the case of STAR!!!
Net Debt is GBP 1.6mn as of last update - and that is when in 2023 average Brent prices have been lower than in H1 2024!!
Repayment of debt not an issue - and I expect STAR to update they are net cash as per next operations update RNS
Also expect Labour to encourage Geothermal energy - would expect Grants to increase!!
Buyback and/or dividends should be announced by STAR
STAR Share Price-> 7.31p
Brent-> $87.50
STAR Current Share Price vs 52 Week low of 7p on 27 Jun 24-> 4.43%
STAR Current Share Price vs 52 Week High of 14.98p on 4 Jul 23-> -51.20%
Total Voting Rights-> 129,306,506
Market Cap GBP-> £9,452,306
GBPUSD-> 1.280
Market Cap USD-> $12,098,951
Net Debt-GBP (31 Dec 23)-> £1,600,000
Net Debt-USD (31 Dec 23)-> $2,048,000
Enterprise Value (USD)-> $14,146,951
STAR Actual Production Average Full Year 2023 Boe/d)-> 2,100
STAR 2024 Production Guidance (Boe/d)-> 2,000
STAR/IGAS Actual Average Production 2022-> 1,898
EV/BARREL- Actual 2023 Average Production-> $6,737
EV/BARREL-USD FY 2024 Guidance-> $7,073
Decommissioning Provision FY 2023 Results (GBP)-> £62,411,000
Decommissioning Provision FY 2023 Results (USD)-> $79,886,080
EV/BARREL-USD FY 2024 Guidance with Decommissioning-> $47,017
IGAS 2P Reserves Year End 2023 Boe-> 17,470,000
EV/2P-> $0.81 |
Please review STAR RNS - they put in place a RBL (which is only partially drawn ) in case they have a worthwhile Geothermal project!!!
With the new Green Economy focused Labour government - green/geothermal incentives will be meaningful and firms such as STAR Energy are set to benefit.
The thing that has infested this chat is claiming STAR is heavily indebted - not the case per last update Net Debt was less than GBP 2mn - for a firm with a projected revenue of USD 60mn in 2024 - based on 2000 boe/d guidance and H1 2024 Brent price around $84 carried forward to H2 (likely higher).
gorgon brown5 Jul '24 - 20:09 - 257 of 259
0 2 0
Why are they going to sell assets? Are the assets not bringing money to pay loans? Bonuses and directors' salaries?
Let me guess: the promoter is saying the sale of assets will go to shareholders by dividend.
So why did they take a loan, then? |
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