Business
Quarterly Net Asset Value and Operational Update
Quarterly Net Asset Value and Operational Update.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n \n \n \n RNS Number : 0915B\n Mineral & Financial Invest. Limited\n 08 June 2021\n \n \n \n \n MINERAL AND FINANCIAL INVESTMENTS LIMITED\n \n \n Quarterly Net Asset Value and Operational Update\n \n \n \n \n \n HIGHLIGHTS:\n \n \n · \n Net Asset Value Per Share (FD) at 31 March 2020 was 17.1p, up 13% vs. 15.1p a yr. ago.\n \n \n · \n Q3 Net Asset Value\n \n \n 1\n \n \n \n \n \n of £6,028,884, up 6.1% vs. Q2 Net Asset Value of £5,681,023\n \n \n · \n Increased our overweighted holdings of precious metals sector in Q3 period\n \n \n · \n Cerrado Gold investment is now publicly listed and generated excellent performance.\n \n \n · \n Follow-on Investment in Ideon Technologies made after a 267% rise in value in 9 months.\n \n \n \n \n \n \n George Town, Cayman Islands - 8 June 2020 -\n \n Mineral and Financial Investments Limited (LSE-AIM: MAFL) \n (\"M&FI\" \"MAFL\" or the \"Company\")\n is delighted to provide an unaudited quarterly update of its Net Asset Value and also give an operational update for the quarterly period ending 31 March 2021. At the end of the third quarter, the NAV was £6,028,884, up 13.0%, from £5,333,187 one year ago. The Net Asset Value Per Share was 17.1p, up 13.0% from one year ago. Unaudited net earnings for the first nine months of our fiscal year are £555,052, or 1.58p. The Company's working capital was £6,099,884[1]. \n \n \n The following is a summary of the NAV, updated to include this unaudited NAV calculation:\n \n \n NAV SUMMARY OF HISTORICAL PERFORMANCE\n \n \n (Table 1)\n \n \n \n \n \n \n \n \n \n 31 March 2016\n \n \n \n \n 31 March 2017\n \n \n \n \n 31 March 2018\n \n \n \n \n 31 March\n \n \n 2019\n \n \n \n \n 31 March\n \n \n 2020\n \n \n \n \n 31 March 2021\n \n \n \n \n 2021/ 2020\n \n \n % Change\n \n \n \n \n 2020 / 2016\n \n \n CAGR (%)\n \n \n \n \n \n \n Net Asset Value\n \n \n \n \n £912,938\n \n \n \n \n £2,509,774\n \n \n \n \n £2,536,875\n \n \n \n \n £4,832,434\n \n \n \n \n £5,333,187\n \n \n \n \n £6,028,884\n \n \n \n \n 13.0%\n \n \n \n \n 49.0%\n \n \n \n \n \n \n NAVPS (FD)\n \n \n \n \n 6.50p\n \n \n \n \n 7.22p\n \n \n \n \n 7.24p\n \n \n \n \n 13.65p\n \n \n \n \n 15.11p\n \n \n \n \n 17.1p\n \n \n \n \n 13.0%\n \n \n \n \n 21.1%\n \n \n \n \n \n \n FTSE 350 Mining Index\n \n \n \n \n 8,931\n \n \n \n \n 15,562\n \n...