Last checked at 12 Oct 2012 07:00
Tiger Resource Finance plc ('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value (PV) (based on investments and cash only) at 30 September 2012 was 3.37 pence per ordinary share.
Investments held by the Company as at 30/09/12
Name | Number of shares | Share price | Valuation |
£ | £ | ||
African Eagle Resources Plc | 1,241,174 | 0.033 | 40,959 |
Anglo American Plc | 11,500 | 18.170 | 208,955 |
Astar Minerals Plc | 4,000,000 | 0.013 | 52,000 |
Aurum Mining Plc | 8,333,333 | 0.024 | 200,000 |
Ascent Resources Plc | 9,642,857 | 0.016 | 154,286 |
BP Plc | 58,000 | 4.365 | 253,170 |
ETFS Physical Platinum | 2,250 | 99.686 | 224,294 |
New World Oil and Gas Plc | 5,000,000 | 0.113 | 565,000 |
Northern Petroleum Plc | 294,118 | 0.668 | 196,471 |
PanContinental Oil and Gas NL | 885,714 | 0.064 | 56,686 |
Papua Mining Plc | 230,000 | 0.570 | 131,100 |
Petroceltic International Plc | 1,666,000 | 0.071 | 118,286 |
Praetorian Resources plc | 400,000 | 0.483 | 193,200 |
Sovereign Mines of Africa Plc | 2,000,000 | 0.053 | 106,000 |
Sunrise Resources Plc | 665,000 | 0.014 | 9,310 |
Taipan Resources Inc | 310,000 | 0.210 | 65,100 |
Trap Oil Plc | 330,000 | 0.183 | 60,390 |
Tertiary Minerals Plc | 1,330,000 | 0.056 | 74,480 |
U3O8 Holdings Plc | 4,166,666 | 0.003 | 12,500 |
Union MedTech Plc | 625,000 | 0.015 | 9,375 |
Vatukoula Gold Mines Plc | 150,000 | 0.396 | 59,400 |
Wentworth Resources Ltd | 220,000 | 0.415 | 91,300 |
Xtract Energy plc | 344,827,584 | 0.00255 | 879,310 |
Total Investments | 3,761,572 |
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 million Ordinary shares held in treasury.
2) The following investment were made in the quarter ended 30 September 2012:
Praetorian Resources plc - £200,000
Taipan Resources Inc - £98,262
Xtract Energy plc - £150,000.
3) Cash funds held by the Company at 30 September 2012 amounted to £904,289.
4) 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 31 December 2012. The Company will disclose its investments on a quarterly basis when disclosing its PV.
For further information please contact:
Bruce Rowan, Chairman | Tel: +00 44 207 486 3997 |
Raju Samtani, Director | Tel: +00 44 777 594 6676 |