Source - LSE Regulatory
RNS Number : 8758D
Starvest PLC
01 July 2021

 01 July 2021



Starvest Plc ("Starvest" or the "Company")


Net Asset Value at 30 June 2021


Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment business, announces a Net Asset Value update as at 30 June 2021.


Callum Baxter, Chairman and CEO, commented: "Global markets are rebalancing after a recent change to monetary policy by the United States, with the potential for several other major economies to follow suit. This has resulted in a downward movement in commodity prices which has influenced most share prices in the mining sector. We believe the trend to be temporary with a high likelihood for stronger commodity prices in the near term. Over the twelve months to 30 June 2021 our Portfolio Value and Net Asset Value per Share have increased more than 40% to £15.4m and 26.9 pence, respectively. The increase is largely the result of strong performances of our investee companies Greatland Gold plc and to a lesser extent, Ariana  Resources plc. We look forward to further updates on progress from our investee companies in the coming weeks."


The net asset value as at 30 June 2021 was as follows:

30 June 2021

31 Mar 2021

30 June 2020

Trading Portfolio Value




Company net asset value




Net Asset Value per Share

26.9 pence

29.1 pence

19.1 pence

Share price - mid

16.5 pence

17.5 pence

11.8 pence

Share price discount to net asset value




Market capitalisation








All valuations are based on the closing market price.

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

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.


Callum N Baxter

Chairman & Chief Executive

01 July 2021


Enquiries to:

Starvest PLC

Callum Baxter or Gemma Cryan  02077 696 876


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    

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