Mineral And Financial Investments Ltd · LSE:MAFL
Mineral And Financial Investments — Investor Presentation (June 2024)
24 slides from Mineral And Financial Investments's investor presentation, June 2024
Slide 1: Investor Presentation: Investing with Intelligence
Investor Presentation Investing with Intelligence Mineral & Financial Investments Limited A mining finance company Investor Presentation –June 2024 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 1,857% since March 31, 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 lo
Slide 4: M&F: Leading With Experience, Delivering With Out-Performance
M&F: Leading With Experience Delivering With Out-Performance • Management and Board has >145 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 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 Corporate Exploration
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 9: Global Economic Challenge: Rising Debt Supply
Global Economic Challenge: Rising Debt Supply = Higher Relative Rates = Rising Taxation Despite recent reductions - US Fed’s balance sheet remains up >800% since 2008, and up 200% since beginning of 2020 US Money M1 Velocity: DOWN 89% since 2009 US Money Supply: M1 is up x4.6 since 2020 50 Shiller S
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 and has slowed very negligibly 2. Europe and UK: M3 growth followed closely behind US M3 growth with little sign of slowing 3. China: M3 growth was highly stimulative to counter C
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 Quarterly NAVPS Annual NAV (10 Year) 26.0p £10,000, 000 7% 5.0% 21.0p : 23. £8,000,000 CA G R +2 GR 16.0p CA £6,000,000 26.0p £4,000,000 22.5p 11.0p 19.6p £2,000,000 17.1p 15.1p 13.7p 6.0p £0 Ma rc
Slide 13: 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 Targets 100% 250.0 1% 90% Tactical 80% 200.0 Portfolio 20% 70% 60% 150.0 50% 40% 100.0 30% 20% 50.0 10% Strategic 0% - Portfolio Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Slide 14: Portfolio Composition: Overweight Precious Metals
Portfolio Composition: Overweight Precious metals but evolving towards Base and Specialty metals Portfolio Allocation M&F Investments Ltd Cash 1% Tactical Portfolio 20% Cash Tactical Investments Strategic New Ventures Investments Azimut Exploration Ascendant Resources Cerrado Gold Strategic Agnico E
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. – 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 fo
Slide 17: Lagoa Salgada Project
Lagoa Salgada Project 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 -$10.0 2024 2
Slide 18: Redcorp Lagoa Salgada Project Resource Estimate
Redcorp Empreedimentos Mineiros Lda. Lagoa Salgada Project Lagoa Salgada ProjectEstimate Resource Feasibility Study for 100% of the Venda Nova (North) (Central) (South) Mineral Reserves and Resources Updated Mineral Estimate (July 28, 2023) Reserves Mass NSR Cu Pb Zn Sn Ag Au ZnEq CuEq Zone Category
Slide 19: Cerrado Gold (Public – Listed on TSXV)
Cerrado Gold (Public – Listed on TSXV) One mine in Argentina with growingMonte production do Carmo: Serra Alta and PEA Results a growing 11 Cerrado Gold Cerrado Gold multi-million oz. exploration project in Brazil Company Overview Cerrado Gold - Strong Production Growth Profile Company Overview Augu
Slide 20: Golden Sun Resources (Private)
Golden Sun Resources (Private) Production Expanding to 146,000 TPA in 2024 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 in minimal shareholder
Slide 21: 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 22: Luca Mining Corp (LUCA – TSXV)
Luca Mining Corp (LUCA – TSXV) A Recapitalized Mexican Producer with two operating mines now focused on improving throughput, productivity and financial results New Management & Board New Controlling Shareholder Int’l experience including Lundin Calu Opportunity Fund CAMPO MORADO (COPPER + ZINC) 2 P
Slide 23: Targeting Historical Gold (Private) – TerraSun
TARGETING Terrasun HISTORICAL ExplorationGOLD (Private) PRODUCERS, KNOWN CostaDEPOSITS & MINERALIZATION Rican Exploration Spin out from GSR 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 TIGR
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 Subscription Business Model ESG-orientated assets under management will almost double by 2026 from $18.4tn to $33.9tn Source: PWC Asset a
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