Update on Portfolio Value
In brief · summary, not quotable
No summary for this filing – the full text is below.
Full announcement
Select text to share a quote on X · sign in to keep highlights & notes in your AGI notes
The unaudited portfolio value ("PV") (based on investments and cash only) at 30 September 2023 was 0.08 pence (30 June 2023 - 0.09 pence), both per ordinary share.
Cash and investments held by the Company as at 30/09/23
| Name | Number of shares | Share price | Valuation |
|---|---|---|---|
| £ | £ | ||
| African Pioneer Plc | 8,810,056 | 0.02150 | 189,416 |
| Bezant Resources Plc | 83,870,371 | 0.00030 | 25,161 |
| Caerus Mineral Resources Plc (2) | 1,000,000 | 0.03630 | 36,300 |
| Galileo Resources Plc | 6,516,667 | 0.01050 | 68,425 |
| Goldquest Mining Corp. | 173,500 | 0.05150 | 8,936 |
| Jubilee Metals Group Plc | 869,600 | 0.07300 | 63,481 |
| Kendrick Resources Plc | 83,333 | 0.00680 | 567 |
| Total Investments | 392,286 | ||
| Cash | 44,949 | ||
| Total cash and Investments | 437,235 |
Notes:
- The above PV calculation is based on 535,128,554 Ordinary shares with a nominal value of 0.1 pence each being the Company's issued share capital of 539,628,554 Ordinary Shares less 4,500,000 Ordinary Shares held in treasury.
- On 1 November 2022, the 13,618 shares in Corallian Energy Limited ("CEL") held by Tiger were sold as part of a sale of CEL to Shell UK Limited ("SUKL") for an estimated £3.20 for each CEL Share. The consideration included an initial fixed amount of £0.80 for each CEL share (received by Tiger) plus certain contingent payments, representing an estimated £2.40 per share due to Tiger in 2023. The timing of the potential contingent payments due to Tiger is dependent on when consent is received for the development and production of the Victory gas field from the North Sea Transition Authority. The Company will update shareholders when it receives further information relating to these contingent payments.
- All reporting is made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments at 31 December 2023. The Company will disclose its investments on a quarterly basis when disclosing its PV.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.