Net Asset Value(s)

RNS Number : 5171O
Tiger Resource Finance PLC
12 October 2012
 



 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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