Star Energy Takeover Rumours (STAR)

hTTps://www.starenergygroupplc.com/ UK Onshore Producer with solid stable production that is on a slow upward trajectory, Plentiful of 2P Reserves, Exciting award of Geothermal Contracts for NHS - launch of an exciting new business for the firm, And Massive Tax Losses that in addition to the undervaluation of existing business make Star Energy/IGAS a compelling takeover prospect!!! ALSO STAR ENERGY HAS £260 million of tax losses worth nearly £200 million cash to a producing company wanting to reduce windfall tax!!! That's all on top of reduction in debt and moving towards Net profit and hopefully dividends, their upcoming Drill and licence to sell at premium price, their Gas and Oil assets and the Geo Thermal Net Zero project with the newly appointed Govt insider and a lot more...... makes this my STAR buy of 2024

hTTps://www.starenergygroupplc.com/ UK Onshore Producer with solid stable production that is on a slow upward trajectory, Plentiful of 2P Reserves, Exciting award of Geothermal Contracts for NHS - launch of an exciting new business for the firm, And Massive Tax Losses that in addition to the undervaluation of existing business make Star Energy/IGAS a compelling takeover prospect!!! ALSO STAR ENERGY HAS £260 million of tax losses worth nearly £200 million cash to a producing company wanting to reduce windfall tax!!! That's all on top of reduction in debt and moving towards Net profit and hopefully dividends, their upcoming Drill and licence to sell at premium price, their Gas and Oil assets and the Geo Thermal Net Zero project with the newly appointed Govt insider and a lot more...... makes this my STAR buy of 2024

When you think that companies like egdon resources which had just over 250 boepd was sold to petrichor for £26.6m in may of this year and europa oil and gas, which currently has production of 265 bopd, has a mcap of £11m and are both onshore Uk Producers, it just goes to show how undervalued STAR is after all, STAR has eight times the production levels of the above two companies and yet has a mcap at the same level as europa and at the same level egdon was before it was sold - egdon surged 85% on news of the takeover. 45p is not an undemanding level for star to move back to.

When you think that companies like egdon resources which had just over 250 boepd was sold to petrichor for £26.6m in may of this year and europa oil and gas, which currently has production of 265 bopd, has a mcap of £11m and are both onshore Uk Producers, it just goes to show how undervalued STAR is after all, STAR has eight times the production levels of the above two companies and yet has a mcap at the same level as europa and at the same level egdon was before it was sold - egdon surged 85% on news of the takeover. 45p is not an undemanding level for star to move back to.