Last checked at 15 Jan 2013 12:07
Tiger Resource Finance plc ('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value (PV) (based on investments and cash only) at 31 December 2012 was 3.07 pence per ordinary share.
Investments held by the Company as at 31/12/12
Name | Number of shares | Share price | Valuation |
£ | £ | ||
African Eagle Resources Plc | 1,241,174 | .02125 | 26,375 |
African Pioneer Plc | 57,000,00 | (see note 2) | 210,000 |
Anglo American Plc | 11,500 | 18.94000 | 217,810 |
Astar Minerals Plc | 4,000,000 | .01050 (see note 3) | 42,000 |
Aurum Mining Plc | 8,333,333 | .03625 | 302,083 |
Ascent Resources Plc | 9,642,857 | .00900 | 86,786 |
BP Plc | 58,000 | 4.25800 | 246,964 |
ETFS Physical Platinum | 2,250 | 91.84700 | 206,656 |
Jubilee Platinum Plc | 1,169,600 | .08250 | 96,492 |
New World Oil and Gas Plc | 5,000,000 | .09125 | 456,250 |
Northern Petroleum Plc | 294,118 | .53000 | 155,883 |
PanContinental Oil and Gas NL | 885,714 | .05867 | 51,965 |
Papua Mining Plc | 230,000 | .81000 | 186,300 |
Petroceltic International Plc | 1,666,000 | .07000 | 116,620 |
Praetorian Resources plc | 400,000 | .40500 | 162,000 |
Sovereign Energy Plc | 40,000,000 | (see note 2) | 40,000 |
Sovereign Mines of Africa Plc | 2,000,000 | .04000 | 80,000 |
Sunrise Resources Plc | 665,000 | .00775 | 5,154 |
Taipan Resources Inc | 310,000 | .20794 | 64,461 |
Trap Oil Plc | 330,000 | .16500 | 54,450 |
Tertiary Minerals Plc | 1,330,000 | .05750 | 76,475 |
U3O8 Holdings Plc | 4,166,666 | .00330 | 13,750 |
Union MedTech Plc | 625,000 | .01500 | 9,375 |
Vatukoula Gold Mines Plc | 150,000 | .24750 | 37,125 |
Wentworth Resources Ltd | 220,000 | .37735 | 83,017 |
Xtract Energy plc | 344,827,584 | .00145 | 500,000 |
Total Investments | 3,527,991 |
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) An investment of £100,000 was made in Jubilee Platinum plc during the quarter ended 31 December 2012. Investments of £210,000 and £40,000 respectively were also made in African Pioneer Plc (now quoted on ISDX) and Sovereign Energy Plc. These investments relate to companies incubated by Tiger and are carried at cost for the purpose of computing the 31 December 2012 quarterly PV.
3) The investment in Astar Minerals Plc is carried at the market price on 12 November 2012 being the date when the stock was suspended from trading on AIM.
4) Cash funds held by the Company at 31 December 2012 amounted to £715,674.
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 31 March 2013. 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 |