........so mancher "Realisierer" gar nicht geschnallt hat, warum heute der Kurs nach oben katapultiert wurde, hier eine Meldung aus Australien:
Tiger Resources adds world’s largest asset manager BlackRock Group as substantial shareholder
Wednesday, March 05, 2014 by Proactive Investors
Tiger Resources (ASX: TGS) has added the world’s largest asset manager BlackRock Group as a substantial shareholder with a 5.02% interest in the company.
BlackRock has over 70 offices in more than 30 countries and manages more than $4.32 trillion in assets as at 31 December 2013.
It had acquired its stake in Tiger in a number of transactions from 7 November 2013 to 3 March 2014 at prices ranging from $0.31 to $0.40 per share.
The addition of Blackrock to its substantial shareholders highlights the strong growth trajectory that Tiger has experienced over the past eight months.
Shares in Tiger have gained 122% since 1 July 2013 to the current price of $0.40.
Tiger had late last month announced a dividend policy that sought to reward shareholders in the near-term by providing guidelines for paying out earnings from its 60%-owned Kipoi Copper Project in the Democratic Republic of Congo.
Kipoi – already a producing copper project – will increasingly generate significant returns and cash flow with a 100% increase in NPV to US$755 million for the Stage 2 solvent extraction electro-winning (SXEW) operation.
Tiger had produced 41,255 tonnes of copper concentrate from the Stage 1 heavy media separation plant in 2013, more than 4,000 tonnes higher than the 37,000 tonnes it had forecast.
Copper concentrate production for 2014 is forecast at 39,000 tonnes, up 85% from the original estimate of 21,000 tonnes, with an attractive average operating cash cost of US$0.30 per pound.
In addition the SXEW plant is expected to produce 25,000 tonnes of copper cathode in its first full 12 months of operation and 50,000 tonnes per annum in subsequent years.
Analysis
That BlackRock Group, the world’s largest asset manager, is now a substantial shareholder in Tiger Resources highlights the growing institutional interest in the company and its growing Kipoi Copper Project. This follows the strong support from retail investors generated in the past year.
Besides the Stage 2 SXEW remaining on track to start production in the second quarter of this year to add to the already forecast beating copper concentrate production, recent increases in Ore Reserve at the Kipoi Central Stage 2 open pit have further improved the economics of the Stage 2 SXEW operation.
Margins are also attractive with a LOM cash operating cost of US$1.04 compared to its expected copper price of US$3.40 a pound until 2018 and US$3 a pound thereafter.
The estimated after tax IRR of 107% further demonstrate the underlying intrinsic value and quality of the Kipoi deposit.
Proactive Investors continues to estimage that Tiger’s current market cap. of circa $270 million significantly undervalues the company and the addition of BlackRock as a substantial shareholder indicates that we are not alone.
Proactive's intrinsic valuation equates to a share price target range of between A$0.58 to A$0.76 per share.
Tiger Resources (ASX: TGS) has added the world’s largest asset manager BlackRock Group as a substantial shareholder with a 5.02% interest in the company.
BlackRock has over 70 offices in more than 30 countries and manages more than $4.32 trillion in assets as at 31 December 2013.
It had acquired its stake in Tiger in a number of transactions from 7 November 2013 to 3 March 2014 at prices ranging from $0.31 to $0.40 per share.
The addition of Blackrock to its substantial shareholders highlights the strong growth trajectory that Tiger has experienced over the past eight months.
Shares in Tiger have gained 122% since 1 July 2013 to the current price of $0.40.
Tiger had late last month announced a dividend policy that sought to reward shareholders in the near-term by providing guidelines for paying out earnings from its 60%-owned Kipoi Copper Project in the Democratic Republic of Congo.
Kipoi – already a producing copper project – will increasingly generate significant returns and cash flow with a 100% increase in NPV to US$755 million for the Stage 2 solvent extraction electro-winning (SXEW) operation.
Tiger had produced 41,255 tonnes of copper concentrate from the Stage 1 heavy media separation plant in 2013, more than 4,000 tonnes higher than the 37,000 tonnes it had forecast.
Copper concentrate production for 2014 is forecast at 39,000 tonnes, up 85% from the original estimate of 21,000 tonnes, with an attractive average operating cash cost of US$0.30 per pound.
In addition the SXEW plant is expected to produce 25,000 tonnes of copper cathode in its first full 12 months of operation and 50,000 tonnes per annum in subsequent years.
Analysis
That BlackRock Group, the world’s largest asset manager, is now a substantial shareholder in Tiger Resources highlights the growing institutional interest in the company and its growing Kipoi Copper Project. This follows the strong support from retail investors generated in the past year.
Besides the Stage 2 SXEW remaining on track to start production in the second quarter of this year to add to the already forecast beating copper concentrate production, recent increases in Ore Reserve at the Kipoi Central Stage 2 open pit have further improved the economics of the Stage 2 SXEW operation.
Margins are also attractive with a LOM cash operating cost of US$1.04 compared to its expected copper price of US$3.40 a pound until 2018 and US$3 a pound thereafter.
The estimated after tax IRR of 107% further demonstrate the underlying intrinsic value and quality of the Kipoi deposit.
Proactive Investors continues to estimage that Tiger’s current market cap. of circa $270 million significantly undervalues the company and the addition of BlackRock as a substantial shareholder indicates that we are not alone.
Proactive's intrinsic valuation equates to a share price target range of between A$0.58 to A$0.76 per share.
www.proactiveinvestors.com.au/companies/...reholder-53396.html
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Meine Meinung:
Wenn sich ein Weltunternehmen wie die BlackRock Group mit Sitz in USA bei Tiger engagiert, dann ist dies gewissermaßen ein Adelsprädikat für Tiger, dem sicher weitere bisher Außenstehende folgen werden.
Unter diesen Umständen ist es sehr gut denkbar, dass die in Bälde fälligen Optionen doch noch zur Einlösung gelangen könnten, weil der Kurs sich brav nach oben bewegt.
Jedenfalls war der heutge Kurssprung soviel wert, dass TGS eine Anfrage des ASX erhielt.
stocknessmonster.com/news-item?S=TGS&E=ASX&N=669785
"Prognosen sind schwierig, besonders wenn sie die Zukunft betreffen."
Greeny