Show Press Release

Corporate Information > Latest News > Press Release


NAV Update - Net Asset Value(s)

Tiger Resource Finance plc ('Tiger' or 'the Company')
NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2015 was 1.23p per ordinary share.

Investments held by the Company as at 30th June 2015.

Name Number of shares Share price GBP Valuation GBP
African Pioneer Plc 59,529,532 (see note 2) 235,291
Anglo American Plc 11,500 9.18500 105,627
Ascent Resources Plc 9,642,857 0.00210 20,250
Aurum Mining Plc 8,333,333 0.01300 108,333
Duke Royalty Limited 20,000 0.51500 10,300
ETFS Physical Platinum 2,250 65.8911 148,255
Jubilee Platinum Plc 1,169,600 0.02200 25,731
MX OIL PLC 400,000 0.04320 17,280
New World Oil and Gas Plc 5,000,000 0.00260 13,000
Northern Petroleum Plc 294,118 0.07880 23,176
PanContinental Oil and Gas NL 885,714 0.00564 4,995
Papua Mining Plc 230,000 0.04250 9,775
Revelo Resources Corp. 216,667 0.10473 22,691
Rex Bionics PLC 6,250 0.57500 3,594
Sovereign Mines of Africa Plc 2,000,000 0.00220 4,400
Sunrise Resources Plc 665,000 0.00200 1,330
Trap Oil Plc 330,000 0.00320 1,056
Tertiary Minerals Plc 1,330,000 0.02875 38,238
Xtract Energy plc 50,000,000 0.00275 137,500
Total Investments

930,822


Notes:

  1. The above PV calculation is based on 138,331,939 Ordinary shares with a nominal value of 1 pence each ("Ordinary shares") being the Company's issued share capital of 142,831,939 Ordinary shares less 4,500,000 Ordinary shares held in treasury.
  2. African Pioneer PLC (quoted on ISDX) is a company incubated by Tiger and this investment is carried at cost for the purpose of computing the 30 June 2015 quarterly PV.
  3. Praetorean Resources Plc shares have been consolidated on the basis of 1 New Ordinary share for every 20 existing shares and the company has been re-named Duke Royalty Limited.
  4. Cash funds held by the Company at 30 June 2015 amounted to £773,549.
  5. All future reporting will be made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments as at 30 September 2015. The Company will disclose its investments on a quarterly basis when disclosing its PV.

For further information please contact:

Bruce Rowan, Chairman Tel: +0044 (0) 207 486 3997
Raju Samtani, Director   Tel: +0044 (0) 777 594 6676

 



 

Copyright © 2024 Tiger Royalties and Investments Plc