TGS 0.00% 4.9¢ tiger resources limited

Ambrian Partners in the U.K. have initiated coverage of Tiger...

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    Ambrian Partners in the U.K. have initiated coverage of Tiger Resources,
    following a site visit, with a Buy recommendation and a price target of 51
    cents. They emphasise that this target does not ascribe any value for cobalt
    credits or exploration upside. Bear in mind that this valuation and report
    was written prior to confirmation of financing which they seemed to regard
    as a given. And so it has proved.

    I had no idea Tigers had any following in the U.K., so it was a pleasant surprise
    that it was not only followed, but it was being analysed in depth by a respected
    company in Europe.

    Seems to me that a serious re-rating is on the cards, and not before time.
 
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Currently unlisted public company.

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