4th Oct 2021 13:27
04 October 2021
Starvest Plc ("Starvest" or the "Company")
Net Asset Value at 30 September 2021
Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment business, announces a Net Asset Value ("NAV") update as at 30 September 2021.
Callum Baxter, Chairman and CEO, commented: "Although gold prices declined only slightly (
The NAV as at 30 September 2021 and certain prior periods was as follows:
30 Sept 2021 | 30 June 2021 | 30 Sept 2020 | |
Trading Portfolio Value | £14.0m | £15.4m | £17.8m |
Company NAV | £14.1m | £15.5m | £17.9m |
NAV per Share | 24.4 pence | 26.9 pence | 31.2 pence |
Share price - mid | 16.0 pence | 16.5 pence | 18.0 pence |
Share price discount to net asset value | 34% | 39% | 42% |
Market capitalisation | £9.3m
| £9.5m
| £10.4m
|
Portfolio holdings are valued using their closing market prices as of the date shown.
Starvest is a specialist mining and resource investment company and has the industry knowledge and market exposure to select compelling opportunities early in the investment cycle.
Investors are encouraged to view our RNS feed on the Starvest web site www.starvest.co.uk/announcements
Investors are also encouraged to follow and review the RNS and other news flows issued or otherwise disseminated by Greatland Gold plc, an investee company which constitutes a large portion of Starvest's trading portfolio value and whose share price can influence that of Starvest. www.greatlandgold.com/media/investor-news/
Callum N Baxter
Chairman & Chief Executive
04 October 2021
Enquiries to:
Starvest PLC
Callum Baxter or Gemma Cryan 02077 696 876 [email protected]
Grant Thornton UK LLP (Nomad)
Colin Aaronson, Harrison Clarke or Lukas Girzadas 02073 835 100
SI Capital Ltd (Broker)
Nick Emerson or Alan Gunn 01483 413 500
Related Shares:
SVE.L