Quarter-end Portfolio Value Update
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 31 December 2023 was 0.08 pence (30 September 2023 - 0.08 pence), both per ordinary share.
Cash and investments held by the Company as at 31/12/23
| Name | Number of shares | Share price | Valuation |
|---|---|---|---|
| £ | £ | ||
| African Pioneer Plc | 8,810,056 | 0.02350 | 207,036 |
| Bezant Resources Plc | 83,870,371 | 0.00020 | 16,774 |
| Caerus Mineral Resources Plc (2) | 1,000,000 | 0.02750 | 27,500 |
| Galileo Resources Plc | 6,516,667 | 0.01050 | 68,425 |
| Goldquest Mining Corp. | 173,500 | 0.05354 | 9,289 |
| Jubilee Metals Group Plc | 869,600 | 0.06450 | 56,089 |
| Kendrick Resources Plc | 83,333 | 0.00480 | 400 |
| Total Investments | 385,513 | ||
| Cash | 54,073 | ||
| Total cash and Investments | 439,586 |
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 a potential total consideration of £3.20 for each CEL share. The consideration included an initial fixed amount of £0.80 for each CEL share (received by Tiger in November 2022) plus certain contingent payments depending on when consent was received for the development and production of the Victory gas field from the North Sea Transition Authority. Consequently, a further amount of £17,703.40 was received by the Company on 11 December 2023 representing £1.30 per CEL share sold to SUKL. The Company will update shareholders when it receives further information relating to the final contingent payment, being £1.10 per CEL share or £14,979.80, once we are notified on the status by CEL.
- All reporting is made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments at 31 March 2024. 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.