Business
Replacement: Interim Results
Replacement: Interim Results.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n \nRNS Number : 1673U Mineral & Financial Invest. Limited 27 March 2019 \n\nThe following amendments have been made to the 'Interim Results for the Six Months Ended 31 Dec 18' announcement released on 12 March 2019 at 7:00 am under RNS No 5189S.\n \nMineral and Financial Investments Limited announces that the historical 2017 data was not correctly stated. Therefore, the comparative NAV, NAV per share and respective growth in NAV were not correctly stated. \nThe changes are as follows:\n- NAV as at 31 December 2017 was £2,602,816\n- NAV per share as at 31 December 2017 was 7.43p\n- The NAV per share increased 67.3% from 31st December 2017\nAll other details remain unchanged. The full amended text is shown below.\n \nMineral & Financial Investments Limited\n(\"M&FI\" or \"the Company\")\n \nUnaudited Interim Results for the Six Months Ended 31 December 2018\n \nHIGHLIGHTS:\n· Unaudited net earnings for the first 6 months of 2019 period were £722,000 or 2p per share\n· NAV per share at Dec 31, 2018 up 67.3% to an all-time high of 12.5p vs. same period last year\n· The Company remains debt free and with a cash balance of £750,000\n· Completed accretive acquisition of TH Crestgate GmbH, which is now a wholly owned subsidiary\n· Doubling of the resource at Redcorp's Lagoa Salgada Zinc project to 20.7Mt1 with gross Zinc Equivalent metal content +89.5% during the period2\n· Board strengthened with the Appointment of Jamie Lesser as Chief Operating Officer \n \nGEORGE TOWN CAYMAN ISLANDS, March 12, 2019 - Mineral and Financial Investments Limited (LSE-AIM: MAFL) (\"M&FI\" or the \"Company\") is very pleased to announce its unaudited interim results for the six months ended 31 December 2018. \n \nChairman's Statement\nThe Board of Mineral & Financial Investments Ltd. is very pleased to report its unaudited interim results for the first half period ending 31st December 2018. The company generated a profit before tax of £722,000 and a fully diluted EPS gain of 2p per share vs 0.4p per share in the same period last year.  ...