Mineral And Financial Investments Ltd · LSE:MAFL
Mineral And Financial Investments — Investor Presentation (January 2023)
21 slides from Mineral And Financial Investments's investor presentation, January 2023
Slide 1: Investment Presentation
M&FI Mineral & Financial Investments Limited A mining finance company Investment Presentation Investing with Intelligence January 2023 Mineral & Financial Investments Ltd.
Slide 2: Disclaimer – Please read
M&FI Mineral & Financial Investments Limited A mining finance company 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 Caym
Slide 3: Summary of Investment Features
M&FI Mineral & Financial Investments Limited A mining finance company Summary of Investment Features 1. M&FI is focused on the Mining sector which has underperformed and is near a 50-year low vs S&P 500. 2. M&FI has a strong historical performance - NAV is up 715% (CAGR: 24.8%) since June 30, 2013.
Slide 4: A Mining Investment, Finance & Advisory Company
M&FI Mineral & Financial Investments Limited A mining finance company A Mining Investment, Finance & Advisory Company • Management and Board has >130 years of combined mining investment experience in: o Investments; o M & A Advisory; o Financing Structures; o Corporate Finance; o Strategic Advisory;
Slide 5: Investments
M&FI Mineral & Financial Investments Limited A mining finance company Investments •Capital Preservation with Tactical Portfolio Reasonable Returns “Offsets risk in the Strategic •Liquid, High Quality Portfolio” •Multiple Asset Classes •Pre-Production Stage Strategic Portfolio •Longer Term Horizon “P
Slide 6: M&FI Investment Cycle
M&FI Mineral & Financial Investments Limited A mining finance company M&FI Investment Cycle 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 i
Slide 7: Business Principles
M&FI Mineral & Financial Investments Limited A mining finance company Business Principles We believe mining businesses are comprised of three basic assets: Geological Assets We focus on correct and prudent identification of the geological assets through rigorous due Financial Assets diligence. The r
Slide 8: World Exploration Trends
Trends 2020 companies with budgets 1,762 M&FI World Exploration Trends: Exploration budgets scaled back In Numbers Industry remains focused on low-risk exploration of 175 new deposits in 2012, when grassroots exploration $8.7 ~20% comprised around one-third of exploration budgets. Over the past few
Slide 9: The Investment Opportunity
M&FI Mineral & Financial Investments Limited A mining finance company The Investment Opportunity S&P Commodity Index vs. S&P 500 Index • We believe this is a generational investment opportunity: We 6 8 believe that over investment in exploration from 1998 to 2 2008 led to prolonged under performance
Slide 10: A Crisis is in The Making
M&FI Mineral & Financial Investments Limited A mining finance company A Crisis is in The Making The US Fed’s balance sheet is 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 500% since 2020 Shiller S&P500 Long term P/E Inves
Slide 11: Take aways
M&FI Mineral & Financial Investments Limited A mining finance company Take aways: 1. USA: M3 growth which accelerated sharply from 2020 and has yet to slow 2. Europe and UK: M3 growth in have followed closely behind with no sign of slowing 3. M3 growth for is still at 7.5% down from 20% p.a. M3 grow
Slide 12: Quarterly NAV and NAVPS
M&FI Mineral & Financial Investments Limited A mining finance company 22.00p Quarterly NAVPS £8,000,000 Quarterly NAV .5% £7,000,000 4 20.04p R: 2 19.57p 8% CAG 18.22p18.59p18.62p 24. 17.00p £6,000,000 R+ CA G 17.07p 15.77p16.09p £5,000,000 15.15p15.19p15.11p15.46p 14.50p 12.00p 13.65p £4,000,000 12
Slide 13: Portfolio Composition, Evolution and NAV Performance
M&FI Mineral & Financial Investments Limited A mining finance company Portfolio Composition Portfolio Evolution Timing / Targets 100% 250.0 Cash 90% 6% 80% 200.0 70% 60% 150.0 Tactical 50% 29% 40% 100.0 30% Strategic 20% 50.0 65% 10% 0% - Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q
Slide 14: Portfolio Composition
M&FI Mineral & Financial Investments Limited A mining finance company Portfolio Composition Cash M&FI 6% Tactical Portfolio (M&FI’s Cash Strategic Assets New Financial Ventures Treasury) (Longer term Assets) Tactical 29% Agnico Eagle Camellia Plc (Global:Agriculture, H orticulure)) (Gold: Canada, M
Slide 15: Management & Board
M&FI Mineral & Financial Investments Limited A mining finance company Appendix Slides & Notes: Management & Board Mark T. Brown, CA CPA – Independent Non-Executive Chairman: Mark Brown obtained his Chartered Accountant designation in 1993 while working with PriceWaterhouseCoopers in Vancouver B.C.,
Slide 16: Redcorp Empreedimentos Mineiros Lda. – Lagoa Salgada
M&FI Mineral & Financial Investments Limited A mining finance company Redcorp Empreedimentos Mineiros Lda. 16 Regional Ground IP & 3D Modeling of the Chargeability 23 Lagoa Salgada – Significant Resource and enormous Upside Potential 16 Multiple Future Targets Based on Successful Work To Date Lagoa
Slide 17: Lagoa Salgada 2021 PEA Results for the Venda Nova Deposit
M&FI 8 Mineral & Financial Investments Limited A mining finance company Lagoa Salgada 2021 PEA Results for the Venda Nova Deposit Robust Economics Demonstrated, Stated on a 100% Basis • First 5 years EBITA US$115 million and After Tax Free cash Flow of US$80 million • Current PEA is based on the Ven
Slide 18: Lagoa Salgada Resource Estimate
M&FI Mineral & Financial Investments Limited A mining finance company Redcorp Empreedimentos Mineiros Lda. - Lagoa Salgada Resource Estimate for 100% of the LS North, LS Central and LS South Updated Mineral Estimate (Sept 5, 2019) North Zone Mineral Resource Estimate - Effective September 5, 2019* A
Slide 19: Cerrado Gold (TSXV)
Poised For Value Recognition Undervalued Amongst Peers M&FI Mineral & Financial Investments Limited A mining finance company 11 Bridging the Valuation Gap (6) Monte do Carmo: Peers Outperformed Serra Alta PEA absolute (18.7% Results return, 41.2% relative to junior Cerrado Gold (TSXV) 33 August 2021
Slide 20: Golden Sun Resources (Private)
M&FI Mineral & Financial Investments Limited A mining finance company Golden Sun Resources (Private) Summary of Investment Mine Site, Buildings and equipment Planned Expansion Phases • The business model is to re-start production PHASE 1 (Q3-2019): on a small scale and self-finance expansion • High
Slide 21: Ideon Technologies (Private)
M&FI Mineral & Financial Investments Limited A mining finance company Ideon Technologies (Private) 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 he
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