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Mineral & Financial net asset value hits a high in final quarter of 2018

Mineral & Financial Investments Limited (LON:MAFL) said its net-asset value hit an all-time high in the final quarter of 2018, as its mop-up acquisition of TH Crestgate, completed in the period, had a positive and material impact. Jacques Vaillancourt and Jamie Lesser tell Proactive London why the company is in such good shape but also why there's still time for new investors to jump on board. Vaillancourt talks us through their resources update and what the company's internal objectives are for the next six months while Lesser expounds on the company's strong NAV performance. In a fourth quarter operational update, the AIM-listed firm said its fully-diluted NAV per share as at December 31, 2018, was 12.54p, up 72.5% from a year earlier.

Quick facts: Mineral & Financial Investment Limited

Price: 9.75 GBX

AIM:MAFL
Market: AIM
Market Cap: £3.42 m
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Mineral & Financial Investments sees NAV almost double to £5.1mln

Mineral & Financial Investments Ltd's (LON:MAFL) Jacques Vaillancourt talks Proactive London's Andrew Scott through their full year results to June 2019. MAFL saw the value of its assets nearly double in the last year to just over £5.1mln. In the year M&FI took full ownership of TH...

2 weeks, 3 days ago

2 min read