Mineral And Financial Investments Ltd · LSE:MAFL
Mineral And Financial Investments — Investor Presentation (March 2025)
24 slides from Mineral And Financial Investments's investor presentation, March 2025
Slide 1: Investor Presentation: Investing with Intelligence
Investor Presentation Investing with Intelligence Mineral & Financial Investments Limited A mining finance company Investor Presentation – March 2025 1
Slide 2: Disclaimer
DISCLAIMER Please read • This document is issued by Mineral and Financial Investments Limited (“M&FI”), which is authorised and regulated by the Financial Conduct Authority (the “FCA”). M&FI is a Limited company registered in Cayman Island. When the term “We” is used it refers to the Company and its
Slide 3: M&F's Investment & Value Proposition
M&F’s Investment & Value Proposition 1. CONSISTENT OUTPERFORMANCE: M&F has a strong historical performance - NAV is up 3061% since September 30, 2013 2. TARGETED STRATEGY: M&F invests in natural resources but is focused on the metals and mining sectors which have underperformed and is near a 50-year
Slide 4: M&F: Leading With Experience Delivering With Out-Performance
M&F: Leading With Experience Delivering With Out-Performance • Management and Board has >155 years of combined mining investment experience in: • Outstanding 7-year investment track record (Dec. 31, 2017 to Dec. 31, 2024) M&F Investments NAV: +537.0% or +30.3% p.a. (CAGR) M&F Investments NAVPS:
Slide 5: Investments Portfolio Components their Objective and Characteristics
Investments Portfolio Components their Objective and Characteristics • Ensures Ability to react quickly to needs and Opportunities Cash & “Near Cash” • Requires Tactical fund to Generate High Level of Liquidity ”Excess Returns” • Provides both a performance cushion, and drag • Capital Preservation T
Slide 6: M&F's Investment Life-Cycle approach
M&F’s Investment “Life-Cycle” approach Exit when timing is Invest capital with intelligence appropriate: when few others would or could: • Systematic due diligence (site visits, technical experts) • Early drilling must have identified • Monetize investment when timely and mineralization appropriate
Slide 7: Business Principles
Business Principles We believe mining businesses are composed of three basic assets: Geological Assets: The Foundation We focus on correct and prudent identification of the geological assets Financial Assets: The Strategic Backbone through rigorous due diligence. The remaining assets can be improved
Slide 8: Investment Guideline: Take Advantage of the Various Metals, Mining and Economic Cycle Stages
Investment Guideline: Take Advantage of the Various Metals, Mining and Economic Cycle Stages • Global Exploration spending dropped 66%. in the 4yrs to 2016. A small exploration recovery in spending was starting to occur. Exploration budgets declined in 2020 due largely to COVID. Budget’s rose in 202
Slide 9: Global Economic Challenge: Rising Debt Supply = Higher Relative Rates
Global Economic Challenge: Rising Debt Supply = Higher Relative Rates = Rising Debt or Rising Taxation Despite recent reductions - US Fed’s balance sheet remains up >775% since 2008, and up 67% since beginning of 2020 US Money M1 Velocity: DOWN 85% since 2009 US Money Supply: M1 is up x4.6 since 202
Slide 10: Money Supply: A Monetarists' Nightmare
Money Supply: A Monetarists’ Nightmare 1990 to Today Chart “Take-Aways”: 1. USA: M3 growth accelerated sharply from 2020,has slowed negligibly (p/capita growth currently +6.3%) 2. Europe and UK: M3 growth followed closely behind US M3 growth with little sign of slowing 3. China: M3 growth was highly
Slide 11: The Current Investment Opportunity is Generational
The Current Investment Opportunity is Generational S&P Commodity Index vs. S&P 500 Index • We believe this is a generational investment opportunity: We believe that over investment in exploration from 1998 to 2008 led to prolonged under performance versus equity markets. Now 15 years of low interest
Slide 12: M&F's NAV Performance
M&F’s NAV Performance Absolute Performance has been Solid / Relative Performance has been Outstanding 31.0p Quarterly NAVPS Annual NAV (9 Year) £12,000,000 26.0p £10,000,000 2% : +18. R . 0% 21.0p CAG : + 34 £8,000,000 GR CA £6,000,000 16.0p 32.2p 25.8p £4,000,000 11.0p 22.0p 18.6p £2,000,000 15.2p
Slide 13: M&F Has Strong Performance & Maintains Conservative Balance Sheet and Cost Structure
M&F Has Strong Performance & Maintains Conservative Balance Sheet and Cost Structure Portfolio Composition Portfolio Timing Evolution / Cash 100% Targets 1.0 4% 90% 0.9 80% 0.8 70% 0.7 Tactical Portfolio 60% 0.6 32% 50% 0.5 Strategic Portfo- 40% 0.4 lio 30% 0.3 64% 20% 0.2 10% 0.1 0% - Q1 Q2 Q3 Q4 Q
Slide 14: Portfolio Composition: Overweight Precious metals but evolving towards Base and Specialty metals
Portfolio Composition: Overweight Precious metals but evolving towards Base and Specialty metals Portfolio Allocation (%) M&F Investments Ltd Tech., Energy & Ag. [PERCENT- AGE] Cash 4% Base Cash Strategic Metals Tactical Investments New Ventures 30% Precious Investments Minerals 58% Agnico Eagle Min
Slide 15: Management & Board
Appendix Slides & Notes: Management & Board Mark T. Brown, CA CPA – Independent Non-Executive Chairman: Chartered Accountant since 1993 while working with PriceWaterhouseCoopers in Vancouver B.C., Canada. Mr. Brown has led the financial aspects of Tarsis Resources Ltd. since 2007, including financin
Slide 16: Redcorp Empreedimentos Mineiros Lda. (Private) Lagoa Salgada
Redcorp Empreedimentos Mineiros Lda. (Private) Lagoa Salgada Significant Resource and enormous Upside Potential Mineral & Financial Investments Limited Please refer to Disclaimer on Slide 2 A mining finance company Investor Presentation –March 2025 16
Slide 17: Lagoa Salgada Project (Private)
Lagoa Salgada Project (Private) Venda Nova - Est. Annual Cash Flows (Feasibility Study 28 July 2023) $90.0 $84.0 $71.6 $75.2 $70.0 $63.8$68.2 $62.8 $67.8 $56.2 $50.0 $30.0 $23.1$22.8 $20.4 $23.7$18.6 $19.2$16.3 $19.9$16.2 $15.2 $16.7$14.8 $12.9$10.4 $11.2$8.4 USD Millions $6.0 $4.3 $10.0 -$10.0 2024
Slide 18: Lagoa Salgada Project Resource Estimate
Redcorp Empreedimentos Mineiros Lda. Lagoa Salgada Project Resource Estimate for 100% of the Venda Nova (North) (Central) (South) Updated Mineral Estimate (July 28, 2023) Mineral & Financial Investments Limited A mining finance company 18 Investor Presentation – March 2025 Please refer to Disclaimer
Slide 19: Cerrado Gold (Public – Listed on TSXV)
Cerrado Gold (Public – Listed on TSXV) One mine in Argentina with growing production and a High Purity Iron Ore & Vanadium Deposit in Quebec Mineral & Financial Investments Limited A mining finance company 19 Investor Presentation –March 2025 Please refer to Disclaimer on Slide 2
Slide 20: Golden Sun Resources (Private)
Golden Sun Resources (Private) Target Production 25,000 Oz of Annual Production by Year End 2025 Summary of Investment Mine Site, Buildings and equipment Planned Expansion Phases • The business model is to re-start production on a small scale and self-finance expansion PHASE 1 (Q3-2019): resulting i
Slide 21: Ideon Technologies (Private)
Ideon Technologies (Private) New Technology: Muon Tomography based Mineral Exploration £1,000,000 Ideon’s Performance in M&FI Portfolio £900,000 £869,574 £800,000 £700,000 £600,000 £500,000 £400,000 £282,107 £300,000 £219,919 £200,000 £114,063 £114,063 £131,158 £100,000 £59,795 £59,795 £- Sept 30, 2
Slide 22: Luca Mining Corp (LUCA – TSX-V)
Luca Mining Corp (LUCA – TSX-V) A Recapitalized Mexican Producer with two operating mines now focused on improving throughput, productivity and financial results Mineral & Financial Investments Limited A mining finance company Investor Presentation –January 2025 22
Slide 23: Terrasun Exploration (Private)
Terrasun Exploration (Private) Costa Rican Exploration Spin out from GSR Now the Leading Exploration Portfolio in Costa Rica Mineral & Financial Investments Limited A mining finance company Investor Presentation –March 2025 23
Slide 24: Digbee Limited (Private)
Digbee Limited (Private) ESG Audit & Mining Data Company Focused on Natural Resource Companies Rewarding Good & Responsible Companies with a Lower Cost of Capital Mineral & Financial Investments Limited A mining finance company Investor Presentation –March 2025 24
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