11 Jul 2012 07:00

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Tiger Resource Finance plc ('Tiger' or 'the Company')
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NAV Update
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The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2012 was 3.19 pence per ordinary share.Â
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Investments held by the Company as at 30/06/12
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Name | Number of shares | Share price £ | Valuation £ |
African Eagle Resources Plc | 1,241,174 | 0.030 | 37,235 |
Anglo American Plc | 11,500 | 20.88 | 240,120 |
Aurum Mining Plc | 8,333,333 | 0.029 | 241,667 |
Ascent Resources Plc | 9,642,857 | 0.023 | 221,786 |
BP Plc | 58,500 | 4.219 | 246,812 |
ETFS Physical Platinum | 2,250 | 89.34 | 201,015 |
New World Oil and Gas Plc | 5,000,000 | 0.100 | 500,000 |
Northern Petroleum Plc | 294,118 | 0.650 | 191,177 |
PanContinental Oil and Gas NL | 885,714 | 0.113 | 100,086 |
Pan Pacific Aggregates Plc | 4,000,000 | 0.019 | 76,000 |
Papua Mining Plc | 230,000 | 0.465 | 106,950 |
Petroceltic International Plc | 1,666,000 | 0.065 | 108,290 |
Sovereign Mines of Africa Plc | 2,000,000 | 0.049 | 98,000 |
Sunrise Resources Plc | 665,000 | 0.065 | 43,225 |
Trap Oil Plc | 330,000 | 0.188 | 62,040 |
Tertiary Minerals Plc | 1,330,000 | 0.061 | 81,130 |
U3O8 Holdings Plc | 4,166,666 | 0.003 | 12,500 |
Union MedTech Plc | 625,000 | 0.020 | 12,500 |
Vatukoula Gold Mines Plc | 150,000 | 0.285 | 42,750 |
Wentworth Resources Ltd | 220,000 | 0.469 | 103,180 |
Total Investments | 2,726,463 | ||
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Notes:
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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.
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2) The Nautical Petroleum Plc and Ophir Energy Plc investments were disposed in the quarter realising gains of £398,429 and £153,732 respectively. Investments of £250,000 were made in Anglo American Plc and BP Plc and investments of £100,000 were made in Petroceltic International Plc, Wentworth Resources Ltd, Trap Oil Plc and PanContinental Oil and Gas NL during the quarter.
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3) Cash funds held by the Company at 30 June 2012 amounted to £1,680,498.
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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 30 September 2012. The Company will disclose its investments on a quarterly basis when disclosing its PV.
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For further information please contact:
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Bruce Rowan, Chairman | Tel: +00 44 207 486 3997 |
Raju Samtani, Director | Tel: +00 44 777 594 6676 |
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