Last checked at 11 Jul 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 June 2012 was 3.19 pence per ordinary share.
Investments held by the Company as at 30/06/12
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 | ||
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 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.
3) Cash funds held by the Company at 30 June 2012 amounted to £1,680,498.
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.
For further information please contact:
Bruce Rowan, Chairman | Tel: +00 44 207 486 3997 |
Raju Samtani, Director | Tel: +00 44 777 594 6676 |