Investments held by the Company as at 30 September 2017 was 0.83 pence per ordinary share.

Name

Number of shares

Share price

Valuation

African Pioneer PLC59

529,532

(see note 2)

144,743

Anglo American PLC11

500

13.395

154,042

Ascent Resources PLC

482,142

0.0295

14,223

Cabot Energy Plc

294,118

0.0437

12,853

Duke Royalty Limited

20,000

0.3625

7,250

ETFS Physical Platinum

2,250

65.041

146,342

ETFS Copper

1,760

21.009

36,975

Galileo Resources plc

6,516,667

0.0205

133,592

Jersey Oil and Gas Plc

3,300

0.6550

2,161

Jubilee Platinum PLC

1,169,600

0.0430

50,293

MX OIL PLC

400,000

0.0060

2,400

PanContinental Oil and Gas NL

885,714

0.0029

2,569

Pantheon Resources

31,500

0.5075

15,986

Papua Mining PLC

230,000

0.0137

3,151

Revelo Resources Corp.

216,667

0.0239

5,178

Rex Bionics PLC

6,250

-

-

Rockrose Energy Plc

95,000

1.1750

111,625

Sovereign Mines of Africa Plc

2,000,000

0.0027

5,400

Sunrise Resources PLC

665,000

0.0019

1,263

Tertiary Minerals PLC

1,330,000

0.0052

6,916

Total Investments

856,962


Notes:

  1. The above PV calculation is based on 138,331,939 ordinary shares with a nominal value of 0.1 pence each ("Ordinary shares") being the Company's issued share capital of 142,831,939 Ordinary shares less 4,500,000 Ordinary shares held in treasury.
     
  2. African Pioneer PLC ("APP") is a private investment company and this investment is valued on the basis of Tiger's share of APP's assets (cash plus investments) at the quarter end date for the purpose of computing the quarterly PV.
     
  3. Rex Bionics Plc was suspended from trading on AIM on 30 May 2017 andhence has been carried at nil valuation.
     
  4. Cash funds held by the Company at 30 September 2017 amounted to £297,534.66
     
  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 December 2017. The Company will disclose its investments on a quarterly basis when disclosing its PV.