Tiger Royalties And Inve... Share Discussion Threads

[abubryn] 07/4/2005 19:09

Due a NAV update next week, I think based on last being 11 days after quarter end .If you are thinking of topping up lads do it now .Dont think nav will be down, ballpark guess anyone ?

[macca28] 07/4/2005 12:06

i think npe have another oil field to go at,

[audereestfacere] 04/4/2005 15:59

Someone's bought 1m TIR today.

[macca28] 01/4/2005 12:36

up again today under new epic (npe)
tirs portfolio is looking really good with this one

[vatattack] 01/4/2005 12:34

BLO now NPE ... and off to great start

[macca28] 31/3/2005 15:58

yes thats bought in some buyers!

[macca28] 31/3/2005 14:05

yes back up today

[vatattack] 31/3/2005 13:31

BLO on the rise...

[macca28] 30/3/2005 13:46

i see one of tir holdings has tumbled today (blo)

[master rsi] 30/3/2005 12:37

Stephanie_M

Are you a cow or just a silly cow ?

Looking at your comments, you just been wasting my time reading them, so may aswell stay away from the thread.

If you do not undertand the nuture of the bussiness, (buy it cheap and sell it high that is the motto of TIR ), may aswell stay away from the shares also.

And looking at your comments below, "banks" are not speculative, so not much point on listing them.

Name Stephanie M
Country Ireland
Trading Style Highly Speculative
Favourite Stocks Speculative / Penny Shares
Least Favourite Stocks Banks
Comments "Speculate to Accumulate" thats my motto

[shirishg] 27/3/2005 05:03

Post removed by ADVFN

[gregalbrighton] 26/3/2005 22:19

Thanks all. My inner child loves the mining and oil stocks but my conservative adult begs me to lock in some long term profit. Think the big man will win next week - he likes the look of the long term chart that says 5.5p in 18 months time if current trend maintained.
More if some of that cash is spent wisely.

[topvest] 25/3/2005 14:51

It's simple on this one. If you want to double your money in 12-18m this is a very good investment imho. If you are looking to make a fast buck in the next couple of months, go elsewhere. I am quite happy to invest in something at half it's real worth, where the asset value doubles every 1-2 years. You can't do much better. However, I'm looking to double up closer to 2p. I am hoping these will fall back a bit first.

[kael] 25/3/2005 14:45

you do understand, its just that others dont!

[buffin] 25/3/2005 11:49

I don't understand this. Profit realised on an investment should increase the NAV and hence the share price

[stephanie_m] 25/3/2005 11:00

Hi, For a person like me who is interested in Speculative capital appreciation, , this share has no appeal whatsoever. It is an investment company and when it achieves a good return on its investment it will cash it in and reinvest in something else. Would not fit in with my speculative portfolio.

[buffin] 25/3/2005 10:51

Good point. It does depend what potential he sees for other uses of the money, especially bearing in mind the intention to look more at the pre-IPO area.

[lizzie ii] 25/3/2005 10:36

Does anyone else share this view? I think that with the shares continuing to be at a significant discount to NAV that the company should be encouraged to buy back lots of its own shares. That will have two effects ... increased demand for the shares .... supply/demand balance .... share price goes up .... and also it will increase further the NAV of the remaining shares.

In other words, one of the best investments for TIR is .... TIR !

[topvest] 25/3/2005 08:35

Doubled my money in a couple of years and it's still on a massive discount. That's not bad imo. This is one of the few resource stocks I would consider adding to at the moment.

[kael] 25/3/2005 01:08

Well its better than a bank! Its risen around 50% in 6 months, thats not a bad return, esp when you consider that it isnt exactly a jam tomorrow stock - you wont lose sleep over it thats for sure. As long as the assets grow - so should the share price Its also in a lovely upward trend channel. While it doesnt have the next ten bagger status, it is a respectable share to have - if you're prepared to wait for the assets to grow.

Edit: Is there not a valuation coming up at the turn of April

[gregalbrighton] 24/3/2005 23:42

can someone explain the point of investing in TIR. The share price has risen less than a penny in 16 months. Is this a long term hold hoping for 4/5p this time next year
giving protection from the wild fluctuations in resource stocks? Not being facetious - just interested in some long-term plays for my portfolio to offset my 'jam tomorrow depending on news' with TMC, ZBA, RMG and RTM gambles.
Thanks.

[macca28] 14/3/2005 09:42

blo down at the start, back up now!
nice profit for tir

[vatattack] 14/3/2005 09:03

Buy Nautical Petroleum
Suggests Stewart Dalby of Oilbarrel.com
The latest turnaround of Malcolm Burne, mining and oil entrepreneur at natural resources investment group AIM-quoted Golden Prospect, is the desultory mining company Bullion Resources. Bullion became a cash shell with some 1.5 million pounds in the kitty. The upstream oil and gas interests and non-trading assets of Masefield AG, which is a global trader of crude oil and refined oil products have been injected into Bullion. It has become Nautical Petroleum in this reverse takeover in a deal worth over 20 million.

Bullion Resources was suspended at 6p. When Nautical shares went live recently they immediately rushed up to 10.5p. But there could be a lot more to come. It is interesting story with plenty of upside.

The value of investments can go down as well as up. Investing in equities can lose you part or all of your capital although the potential returns are theoretically unlimited. Smaller company shares can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares.

Like other oil groups Nautical has honed in on the North Sea. These groups have become known as scavengers picking up parcels of assets which the big boys BP, Shell and Chevron Texaco deem too small or "immaterial" to their interests. Without the vast overheads of the majors smaller groups can put together various blocks and squeeze extra output from the mature fields. With commodity prices high, groups like Paladin Resources and Venture Production have flourished in recent years by scavenging.

Nautical is different in that it has decided to go for discovered heavy oil in the United Kingdom Continental Shelf in the North Sea. " Heavy Oil!" I hear you say. "Surely that cannot be a good idea. Recovery rates are low?" The heavy oil sells at a discount to Brent Crude, the benchmark for North Sea production. Many groups, having discovered heavy oil, have decided to leave it there. Chevron Texaco is a case in point - it has never developed the discoveries in the Mariner field in the East Shetland Platform.

Critically, through its association with Masefield and through a key acquisition, Nautical has acquired exclusive technology to process the heavy oil and market it for power generation at economically viable prices.

Britain's Department of Trade and Industry (DTI) has been encouraging investment in the North Sea where it says there could be 14 billion barrels of unexploited oil in various pools and pockets. However, after several years of scavenging the smaller groups are finding it increasingly expensive to pick up new fragments. The larger groups are tending to hold on to their little bits and pieces to gain a couple of years more revenue while oil prices are sky high. If they do sell, it is at top prices.

The first thing to be said about Nautical's operation is that because it is heavy oil, which for all intents and purposes is "stranded" and unloved, the price of entry is low. While not revealing exact figures, Nautical has gained acreage by buying the existing 2D and 3D seismic at minimal cost and has committed to drill and develop the block. There are no expensive exploration costs.

As a start Nautical has acquired a 100 per cent interest in two licences in the United Kingdom Continental Shelf, namely Licence P1077 over block 9/2b and Licence P1203 over block 3/27a. Licence P1077 contains the 9/2-1A oil discovery and is contiguous with licence P1203. Both are located on the East Shetland in the vicinity of the well-documented Bressay and 9/3 heavy oil discoveries. The valuation by Landmark Eame (a subsidiary of Halliburton) of the North Sea proven and probable reserves for licence block 9/2 is 51 million barrels of oil, with risked upside potential in block 9/2 of 295 million barrels in place.

Licence P1203 (Block 3/27a) is contiguous to the north with block 9/2b.Seismic data purchased by Nautical on the wells in the vicinity of the block have generated several leads at the Heimdal Sandstone member level, and one significant lead at the Upper Jurassic Humber group in the north of the block.

Although the oil discovered at 9/2-1A is 15 per cent API, Nautical is convinced it will flow, and that, with water injection, recovery rates of 30 per cent can be achieved. But it is what comes afterwards which looks to be Nautical's ace in the hole.

As a third asset the group has been able to acquire ownership of specialised heavy crude oil production and processing equipment designed and supplied by Halliburton for the Extended Well Test (EWT) programme undertaken successfully on the Mariner oilfield by Chevron Texaco in 1997. This equipment is suitable for use in testing heavy oils down to 10 per cent gravity. The equipment can currently handle up to 40,000 barrels of oil and liquid production per day, of which 25,000 barrels can be oil.

Although Heavy Acidic Crude Oils can sell at a discount of around US$3 a barrel to Brent Crude, this so called Multi Phase Super Fine Atomised Residue (MASR) process allows Heavy Acidic Crude Oils to be used for power generation and make them competitive with gas, coal and fuel oils.

The sums are complex but to put this another way, and briefly: if you assume a model of a US$24.75 a barrel for Brent Crude, then once the Heavy Oil is put through the "cracker" and separated into light products - oil for upgrading and heavy fractions - then the compound overall price which can be realised is US$26.50 meaning Nautical can add value and make heavy oil production commercially viable.

We say Nautical has made a start with its two blocks. There is scope for plenty more. The UKCS is thought to contain large discovered, undeveloped oil in place of 5 billion barrels. There is large potential additional oil in place of 5 to 6 billion barrels. This is capable of producing 250,000 bopd plus by 2008.

That is a lot of oil, particularly if you can sell it profitably. The shares are attractive.

Stewart Dalby edits the definitive source of information and comment on oil exploration stocks - www.oilbarrel.com - for more details of this free to access site click here.

[shirishg] 14/3/2005 03:58

Post removed by ADVFN

[the borg2] 13/3/2005 23:23

some news here
nautical petroleum (bullion resources)
have been tipped, go to blo
and read the write up