Starvest Share Discussion Threads

[zedder] 07/12/2022 12:10

They've now increased their holding again. Glad I'm not the only one with faith.

[zedder] 02/11/2022 17:02

I bet they'd want at least 8p to sell them on though!

[bigglesbingham] 02/11/2022 16:13

A sell at 6.25p hmmmm

[zedder] 07/10/2022 08:12

With GGP at 9p and AAU at 3p the NAV/share is 14p currently.If you buy at 9p or less the discount is 35%+.

[zedder] 03/10/2022 15:38

My spreadsheet had a company NAV of £6.64m at the close on Friday giving a NAV/share of 11.39p.

So not far out from the figures released today.

[zedder] 12/9/2022 07:43

Well if Newcrest's plan had been to buy out GGP on the cheap, the 2 RNSs this morning have almost certainly scuppered any chance of that happening.3 x Big Hitters appointed to the Board with options at 45% above the recent cash raise price of 8.2p.A major investment also at 8.2p with that investor having warrants at 10p.It all suggests GGP will head back to 12p+.And then the gold will start rolling in and GGP will pocket 30% of the profits.

[zedder] 08/9/2022 09:33

Indeed there was. Newcrest seem determined to play down what the 30% of Havieron that GGP own is worth. Not buying the other 5% and hence forcing them into a cash raise was very sly. But obviously they've got their own shareholders to satisfy.I just hope GGP do or have found another prospect as good as Havieron and if they go the JV route again, that they do it with one of the other majors!

[come on] 08/9/2022 08:12

More good news at havieron

[zedder] 01/9/2022 07:48

Couldn't agree more tyro.

None of them obviously have any idea what top-slicing is.

[tyranosaurus] 01/9/2022 07:26

All the directors should go.
They have no idea what constitutes a good investment in the mining sector.
I have zero faith in any of them.
They all did nothing when Greatland Gold was 4 times it`s current share price and obviously overvalued.

[stevieweebie2] 31/8/2022 09:52

Lol, were are we now Zed.

[zedder] 28/7/2022 15:42

We were no. 8 on the percentage gainers list today.

[zedder] 27/7/2022 16:43

Someone took a 100k share chunk just before the close at 12p. I'm not surprised as GGP is continuing to show good strength. NAV/share with GGP at 12.9p is 19.2p. 82m GGP shares represents 18.1p of that.

[come on] 22/7/2022 10:30

Huge spread here

[zedder] 22/7/2022 08:28

NAV/share currently 17.3p with the 82m GGP shares making up 16.1p of that.

[zedder] 21/7/2022 12:03

Apparently there is a broker note out for GGP looking for 25.8p before December.

[zedder] 21/7/2022 12:01

GGP having a good day today. The option that Newcrest Mining have to buy another 5% of the Havieron discovery was valued at £50m. So that puts a floor under the GGP share price, which should increase steadily as the mine moves towards production.Then of course there is always the prospect that GGP prove up another Tier 1 asset.

[come on] 21/7/2022 10:42

My mistake wrong sign but you get the picture, when newcrest publish the updated mre, which is still going to be lower than the real figure this will go up

[tyranosaurus] 21/7/2022 10:26

come on
It`s not £60m it`s $60m which works out at £50m.

[come on] 21/7/2022 06:45

Well £60 million for the 5% of Havieron, Hopefully a rise today for both

[zedder] 30/6/2022 15:34

NAV/share guesstimate to 30th June is 14.9p.

[zedder] 22/6/2022 10:41

4.49 to 5.1%.

[zedder] 22/6/2022 10:40

That's an interesting RNS. A financial planning company (Philip J Milton & Co Plc) based in Barnstable have increased their holding.

[come on] 09/6/2022 06:55

More positive news from ggp,

[uknighted] 20/5/2022 14:32

Maybe a sale and transfer into an ISA and then a ISA purchase utilising cash already in the ISA.