27th Jun 2024 12:22
Tiger Royalties & Investments PLC - London-based mining investor - Says pretax loss for 2023 narrows to GBP403,242 from GBP456,962 the year before. Company generates no revenue, unchanged from 2022. Reports other income of GBP17,703, up from nothing the prior year. Net asset value at December 31 was 0.09 pence per share, down 47% from 0.17p one year prior. As of Thursday NAV is 0.02p, down 78% from the NAV at December 31. Says the mining sector "has continued to suffer from under investment and a lack of interest by the investment community. Retail shareholders have become less prominent and institutional shareholders in the junior resource sector have all but disappeared. The main reasons for the continuing head winds against the sector have been resilient inflation and geopolitical tension." Read More
