Business
Audited Results for Year Ended 30 June 2022
Audited Results for Year Ended 30 June 2022.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n \n \n Mineral and Financial Investments Limited\n \n \n Audited Full Year Financial Results and NAV for Period ended 30 June 2022\n \n \n \n HIGHLIGHTS\n \n \n \n ·\n \n Fiscal Year-end Net Asset Value £ 7.454M (FYE: June 30, 2022) up 16%, from £6.438M (FYE: 30 June 2021)\n \n \n \n ·\n \n Net Asset Value Per Share (\"NAVPS\") fully diluted (FD) 20.04p, up 10%, from 18.22p (FYE: 30 June 2021)\n \n \n \n ·\n \n NAVPS FD has increased at compound annual growth rate (CAGR) of 23.2% since 30 June 2017\n \n \n \n ·\n \n Net Asset Value has increased at CAGR of 24.1% since 30 June 2017\n \n \n \n ·\n \n Investment Portfolio now totals £7.183M up 23%, from £5.822M (FY: 30 June 2021).\n \n \n \n ·\n \n NAVPS growth has exceeded that of the FTSE 350 Mining index and of the S&P GSCI since 2017\n \n \n \n \n \n \n Camana Bay, Cayman Island - 23 December 2022\n - Mineral & Financial Investments (\"M&FI\" or the \"Company\")\n , the AIM quoted resources investment company, \n is very pleased to announce \n its Net Asset value and audited fiscal year update on its activities for the 12 months ended 30 June 2022\n \n \n \n \n \n \n \n Net Asset Value Performance\n \n \n \n \n \n \n 30 June 2017\n \n \n \n \n \n \n 30 June 2018\n \n \n \n \n \n \n 30 June 2019\n \n \n \n \n \n \n 30 June 2020\n \n \n \n \n \n \n June 30 2021\n \n \n \n \n \n \n June 30 2022\n \n \n \n \n \n \n CAGR (%)\n \n \n \n \n \n \n \n Net Asset Value ('000)\n \n \n \n \n £2,443\n \n \n \n \n £2,623\n \n \n \n \n £5,114\n \n \n \n \n £5,474\n \n \n \n \n £6,438\n \n \n \n \n £7,454\n \n \n \n \n \n 24.1%\n \n \n \n \n \n \n \n Fully diluted NAV per share\n \n \n \n \n 7.05p\n \n \n \n \n 7.49p\n \n \n \n \n 14.50p\n \n \n \n \n 15.50p\n \n \n \n \n 18.22p\n \n \n \n \n 20.04p\n \n \n \n \n \n 23.2%\n \n \n \n \n \n \n \n \n \n CHAIRMAN'S STATEMENT:\n \n \n \n Mineral & Financial Investments Limited (\"M&FI\") is an investing company that approaches its business as a mining finance house, which includes providing investment in and capital to finance mining and mineral exploration companies, and/or projects, while aiming to provide our M&FI shareholders with superior returns. We will seek to provide financing and act as a good partner in exchange for meaningful ownership levels, and board representation if needed and appropri...