Mineral And Financial Investments Ltd · LSE:MAFL
Mineral And Financial Investments — Investor Presentation (June 2025)
23 slides from Mineral And Financial Investments's investor presentation, June 2025
Slide 1: Investor Presentation: Investing with Intelligence
Investor Presentation Investing with Intelligence Mineral & Financial Investments Limited A mining finance company Investor Presentation – June 2025 1
Slide 2: 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 3223% 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 3: 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: o Investments; o M & A Advisory; o Financing Structures; o Corporate Finance; o Strategic Advisory; o Investor Relations, and; o Capital Markets o Project F
Slide 4: 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 5: 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 6: 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 7: Investment Guideline: Take Advantage of the Corporate Exploration Climate
continued and markets rode a rising tide — to multidecade highs. While this initially aided 2022 metal prices, central bank rate hikes to control atwhichthe slipped proven to be otherwise. The resulting higher cost of base and other metals financings, $12.18 billion Ex over time; however, the change
Slide 8: Global Economic Challenge: Rising Debt Supply
Global Economic Challenge: Rising Debt Supply = Higher Relative Rates = Rising Debt or Rising Taxation Despite recent reductions - US Fed’s balance sheet is + 622% since 2008, and +77% since Q3 of 2019 US M2 Velocity: DOWN 5% since Q2-2019 US Money Supply: M1 is up x4.6 since 2020 Shiller S&P 500 Lo
Slide 9: 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 10: 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 6 low intere
Slide 11: M&F's NAV Performance
M&F’s NAV Performance Absolute Performance has been Solid / Relative Performance has been Outstanding Quarterly NAVPS Annual NAV (9 Year) 31.0p £14,000, 000 £12,000, 000 26.0p 4% : +24. £10,000, 000 GR CA 21.0p 6% +3 4 . £8,000,000 R: 16.0p 33.5p £6,000,000 CAG 26.0p 11.0p 22.5p £4,000,000 19.6p 17.
Slide 12: Strong Performance & Conservative Balance Sheet and Cost Structure
M&F Has Strong Performance & Maintains Conservative Balance Sheet and Cost Structure Portfolio Composition Portfolio Timing Evolution / Cash Tactical Portfolio Strategic Portfolio 100% Targets 250.0 90% Cash 80% 200.0 3% 70% 60% 150.0 Tactical Portfolio 50% 34% 40% 100.0 Strategic 30% Portfolio 20%
Slide 13: Portfolio Composition: Overweight Precious Metals, Evolving Towards Base and Specialty Metals
Portfolio Composition: Overweight Precious metals but evolving towards Base and Specialty metals Portfolio Allocation (%) Food, Energy, Tech. & Services 8% Cash 2% M&F Investments Ltd Base Metals 26% Precious Metal & Cash Tactical New Strategic Gems 64% Investments Ventures Investments Agnico Eagle
Slide 14: 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 15: Redcorp Empreedimentos Mineiros Lda. – Lagoa Salgada
Redcorp Empreedimentos Mineiros Lda. (Private) Lagoa Salgada Significant Resource and enormous Upside Potential 16 22 Lagoa LagoaSalgada SalgadaProject 2019 Feasibility Geophysics Study Program Lagoa Salgada Project Lagoa Salgada Exploration Project Robust Economics Geophysics Work Demonstrated for
Slide 16: 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 $63.8 $68.2 $62.8 $67.8 $70.0 $56.2 $50.0 $23.1 $22.8 $20.4 $23.7 $19.2 $16.3 $19.9 $16.2 $30.0 $15.2 $18.6 $16.7 $14.8 $12.9 $10.4 $11.2 $8.4 $6.0 $4.3 USD Millions $10.0 -$1
Slide 17: Lagoa Salgada Resource Estimate
Redcorp Empreedimentos Mineiros Lda. Lagoa Salgada Project Lagoa Salgada Resource ProjectEstimate for 100% Feasibility of the Venda Nova (North) (Central) (South) Study Mineral Reserves and Resources Updated Mineral Estimate (July 28, 2023) Reserves Mass NSR Cu Pb Zn Sn Ag Au ZnEq CuEq Zone Category
Slide 18: Cerrado Gold (Public – Listed on TSXV)
Cerrado Gold (Public – Listed on TSXV) One mine in Argentina with growingMinera production Don Nicolas and a High Cerrado Gold North & South AmericaPurity Iron Ore & Vanadium Deposit inResource Positive PEA and Mineral QuebecEstimate 1 PEA Base Case Spot Minera Don Nicolas (100%) Average Annual Gold
Slide 19: 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 20: Ideon Technologies (Private)
Ideon Technologies (Private) New Technology: Muon Tomography based Mineral Exploration TRANSFORMING SUBSURFACE DISCOVERY™ VALUE PROPOSITION US$11 B SUBSURFACE INTELLIGENCE - TOTAL ADDRESSABLE MARKET Examples ~US$100 B DRILL LESS. DISCOVER MORE.™ TODAY 10 YEARS+ • Tailings and leaching heap monitorin
Slide 21: Terrasun Exploration (Private)
TARGETING TerrasunHISTORICAL GOLD PRODUCERS, Exploration (Private) KNOWN Costa Rican Exploration DEPOSITS & Spin out from GSR MINERALIZATION Now the Leading Exploration Portfolio in Costa Rica 17 Key Exploration Concessions PALMITO 2,000 ha RIO CHIQUITO 2,000 ha LA LEONA 1,600 ha ROBLE 600 ha LA TIG
Slide 22: 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 Subscription Business Model ESG-orientated assets under management will almost double by 2026 from $18.4tn to $33.9tn Source: PWC Asset a
Slide 23: 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
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