Starvest Share Discussion Threads

[zedder] 12/12/2019 16:42

With ORCP closing at 1.35p (and hopefully much more to come tomorrow and over the next month or so), that holding could potentially be worth £295k.

[zedder] 12/12/2019 15:09

If my spreadsheet is right and SVE still hold 21,867,333 ORCP shares, todays rise in those gives that as a £210k+ part of the portfolio.

[zedder] 28/10/2019 19:57

That's a pretty significant trade at 1021 today, ie 1,049,650 at 2p. That's 1.88% of the issued share capital so will be interesting to see if it triggers an RNS.

[catsick] 12/10/2019 05:15

The problem here is that the company overhead is 250k per year which off such a low capital base means it is like investing in a closed end fund with 12.5% fees, this is then made worse by the fact that it is a uk corporate which pays tax on realized profits so a very inefficient vehicle, 50pct discount to nav is probably fair but really a company like this is only viable with 10m gbp plus of assets.

[stevieweebie2] 03/10/2019 08:52

Yes and yet people sell, very slow burn this one Zedder and if cash dries up as part of a general market credit crunch they will be in trouble, I took 100k shares punt here but unsure if it will pay off, lets see.

[zedder] 02/10/2019 13:49

RNS confirms my spreadsheet still pretty well spot on for current NAV. Still a significant discount.

[stevieweebie2] 30/9/2019 11:15

ah okay thanks.

[jerseymike] 30/9/2019 10:46

Sorry, been away from here.The company has not filed a form of risk statement, I've forgotten its official name, which prevents most brokers allowing regular investors to buy it.

[cpap man] 19/9/2019 16:20

KAV Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L) The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group exploration project in the southwest of the country. It is similar in its geological setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019 The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner. The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration. Conclusion Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

[stevieweebie2] 19/9/2019 16:11

Sorry what do you mean by necessary paperwork?

[jerseymike] 19/9/2019 15:14

GGP now nearly 3p per SVE share. SVE looking like a bargain but without the necessary paperwork in place, buying for most is not possible. Not sure if that's good or bad for existing holders.

[stevieweebie2] 13/9/2019 13:09

Zedder I stopped directly investing in miners as ive seen fortunes lost so I Hold 100,000 in GPM and 100,000 in SVE, including some phyical this amounts to my hedge against a market collaps in equities including my pension. I expect the oprice of gold to move higher and this will slowly work its way into the NAV of the holdings within SVE and translate into a higher share price IMHO.

[zedder] 12/9/2019 20:42

Don't know if you are into GGP directly at all? At the moment, you can buy 100k SVE shares for around 2.3p. With SVE holding 85m GGP shares, that buy effectively gets you roughly 152k GGP shares. To buy those GGP shares would cost £2812 at 1.85p per share offer price.

[stevieweebie2] 12/9/2019 18:40

Thanks Zedder I held these many years ago now. Decided to take a spec 100,000 shares a couple of weeks back now to see how it plays out.

[zedder] 12/9/2019 15:44

Yes it is. Current NAV is roughly 4.0p.

[stevieweebie2] 12/9/2019 14:35

when is the next NAV update, is it the 30th Sept, anyone know ?

[zedder] 12/8/2019 14:58

Keep those buys coming!

[zedder] 12/8/2019 11:11

Just to reiterate, for every 100k SVE you buy, by virtue of a 85m GGP holding you are effectively getting 151982 GGP shares, which would currently cost £2766 to buy. If you are into 'Goldies', you are also getting stakes in AAU (21456 worth £482) and CORA (1563 worth £133) as well. Add in the cash and some other holdings and it comes to £4k+ for a £2200 buy at current price. For transparency, between my and my wife's ISAs we hold 1.75m SVE.

[zedder] 12/8/2019 10:58

4 buys to kick off the week. Very unusual, so maybe someone taking my advice to get into GGP indirectly (and cheaply) ahead of potential GGP news over the next week or two.

[zedder] 25/7/2019 07:22

NAV is now approx 4.4p with GGP at 2.05p to sell.

[zedder] 19/7/2019 11:58

Some people getting a bargain today (wish I had spare money somewhere!). NAV with GGP at 1.85p is 4.1p and yet someone sold 350k shares at 1.72p - madness!!

[zedder] 03/7/2019 13:54

My spreadsheet actually gave 3.7p but I was slightly pessimistic in predicting 3.6p. Looks like next time I need to add 0.1p!

[jerseymike] 03/7/2019 12:48

3.85p. Very nice.

[zedder] 28/6/2019 16:50

NAV update to 30th June should come out some time next week. I make it 3.6p.