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Mining company investor Tiger Resources posted a deeper annual loss after the value of its investments fell and it booked an impairment charge.
Pre-tax losses for the year through December amounted to £492k, compared to losses of £215m on-year.
Tiger's net asset value fell 35% to 0.4p per share.
'The decrease in NAV has resulted mainly due to the investment portfolio reacting in a similar downward trend in line with junior resource markets,' chairman Colin Bird said.
At 8:31am: (LON:TIR) Tiger Resource Finance Plc share price was +0.03p at 0.2p