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MAFL Mineral & Financial Investments Limited

12.00
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mineral & Financial Investments Limited LSE:MAFL London Ordinary Share KYG6181G1055 ORD 1P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.00 11.50 12.50 12.00 12.00 12.00 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Metal Mining Services 2.39M 1.55M 0.0420 2.86 4.43M
Mineral & Financial Investments Limited is listed in the Metal Mining Services sector of the London Stock Exchange with ticker MAFL. The last closing price for Mineral & Financial Inve... was 12p. Over the last year, Mineral & Financial Inve... shares have traded in a share price range of 9.25p to 25.50p.

Mineral & Financial Inve... currently has 36,905,871 shares in issue. The market capitalisation of Mineral & Financial Inve... is £4.43 million. Mineral & Financial Inve... has a price to earnings ratio (PE ratio) of 2.86.

Mineral & Financial Inve... Share Discussion Threads

Showing 2501 to 2522 of 2525 messages
Chat Pages: 101  100  99  98  97  96  95  94  93  92  91  90  Older
DateSubjectAuthorDiscuss
03/1/2024
11:47
Nice to see Ascendant having submitted EIA and an expected time to approval by end of June 2024.

They seem to be steaming ahead and I expect it will help that Lagoa Salgada has been declared a project of national interest (PNI).

gb904150
21/12/2023
15:00
Great results posted late yesterday this will be back at 21p soon
1utah
18/10/2023
11:39
Thanks

Still selling and still no support but that is the same for 95% of stocks atm

9p bid wow, 23p bid not long ago

dave4545
11/10/2023
15:52
MAFL Mkt cap is the same as NAV in 2018 5 years of growth and the share price is at its biggest discount to NAV since JV started recording it.

What does this mean there is next to zero PR, some board members have not bought any stock at the massive discount, no news for a while so doubt they are in a close period.

A few simple ones like keeping the website updated, tweet what the investee companies are doing attend a few investment events, would be good.

The company could buyback the placing stock at half price and have pocketed 125k with no dilution, as per the AGM resolution they can buy back 10% of stock in issue..

The share price has dropped 60% since the placing which was crazy seeing the company had just received 2.5m, to justify it saying the fees was high for a transfer did not stack up, and seemed it was the plan all along.

Summary they need to start thinking what potential investors in the stock would like to see and look at ways to reward shareholders as the plan to do this with the share price rise is not working.

Gold will move higher and so will the companies they are invested in.

I do see the value and continue to hold but a change to the norm is needed.

baz9707
11/10/2023
00:37
1. Market drift in anything small resource related2. Gold price down 5% since mid July rather than motoring ahead as some had predicted 3. Invested companies hammered since mid July partly due to commodity prices (Luca Mining down 56%, Ascendant down 50% & Cerrado down 12%)But the option with Ascendant hasn't yet been included in a quarterly NAV and that should more than cover any drop in the investee holdings.
timbo
10/10/2023
10:33
But that was at 21p and for only £250k

If baz reads this could you tell us why the rapid shift in sentiment here ?

dave4545
10/10/2023
10:22
Raised money , I cannot remember at what price and it's been downhill ever since
arab3
10/10/2023
10:17
Took my eye off Mafl why is it back at 10p bid when it was flying over 20p recently ?
dave4545
31/8/2023
09:12
366k sold at 12.06p wow this was flying around 22p recently
dave4545
03/8/2023
15:53
I spotted in Anglesey mining's RNS this morning that they plan to assess Parys mountain using muon tomography.

Central Alliance engaged for Proof-of-Concept Study on Muon Tomography at
Parys Mountain

hTTtps://uk.advfn.com/stock-market/london/anglesey-mining-AYM/share-news/Anglesey-Mining-Plc-Parys-Mountain-Exploration-a/91719449?xref=newsalert

That will be done by Central Alliance who are part of RSK group. Details below.





Now, there's nothing to say they are using Ideon technologies muon tomography system but it's an interesting development and shows the tech is becoming more widespread.

gb904150
01/8/2023
14:29
Posted on LSE

A news release from Ascendant uses wording suggesting that the Portuguese GOV now has a time limit to decide if they take up their 15%... Wording as below:

"The remaining 20% of Redcorp (the "MF&I Interest") is held by Mineral & Financial Investments AG ("M&FI"). The MF&I Interest is subject to a consortium agreement with Empresa de Desenvolvimento Mineiro S.A. ("EDM"), the state mining development agency wholly owned by the Portuguese Government. The consortium agreement provides EDM the right to participate in up to a 15% interest in the Project by exercising an option within 120 days of completion of the FS. If EDM elects to exercise its option, the MF&I interest will be reduced to 5% and MF&I will have the right to put this interest to Ascendant."

hxxps://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2023/ASCENDANT-RESOURCES-EARNS-80-INTEREST-IN-THE-LAGOA-SALGADA-PROJECT-IN-PORTUGAL-AND-FILES-FEASIBILITY-STUDY/default.aspx

givmesunshine
28/7/2023
08:24
Interview with JV - NAV north of 30p updates on the BFS and LUCA
givmesunshine
14/7/2023
08:21
New Luca investment already very profitable Even at C$0.57 the warrants are now in the money by C$200k added to the C$1.25M profit. That paper profit is worth just over 2p per share....a gain on paper of 72% in less than 3 months...
timbo
10/7/2023
13:13
More progress at Cerrado Gold

hxxps://www.cerradogold.com/news/cerrado-gold-announces-first-gold-pour-at-its-las-calandrias-project-in-santa-cruz-argentina/

timbo
05/7/2023
12:04
Hi GB
Good value as this level - I think things may pick up rapidly with this project over the coming months, the 5% put option will sit there, but im sure alot is going on to prize that extra 15% out of the Gov's hands.. that 5%-20% could be very valuable as a undiluted redcorp parent carry..could be possibly be linked in someway..JV is proving to be a very comptent and shrewd investor

givmesunshine
05/7/2023
11:08
Yet more encouraging news from MAFL.

We now have our feasibility study expected on or before August 3, 2023.

And this encouraging news about UK Export Finance ("UKEF") expression of interest for financing.

Still a lot more to do, but LS has Project of National Interest status and seems to be moving forward pretty steadily.

gb904150
04/7/2023
08:45
Yes - the Luca investment looks a good move - currently 48 but on production news as forecast and looking strong, was considering getting some directly.. my mind is still focused on ASND though , the put option is a game changer for MAFL, almost all metrics on the right side of the PEA , will be interesting to see the report and always a possibility that 15% will come into play .. GL
givmesunshine
03/7/2023
15:13
Plus the NAV as at end of June should reflect a £400k+ gain in value of LUCA shares:-)
timbo
03/7/2023
10:42
Hi Timbo

Nice interview, It provides a clear update and basis for the placing, although it would seem obviuos that if you issues the brokerage fees as shares then an illiqud share price will get hit Short term. Its also good to know that th draft has been reviewed and had input from JV, the comment seem to be aimed at ensuring we get the best value from the NPV, which we can only fully support.. Given this info MAFL Looks very cheap at the moment.

givmesunshine
27/6/2023
00:34
https://www.proactiveinvestors.co.uk/companies/news/1018797/mineral-financial-investments-in-a-good-position-at-year-end-1018797.htmlGood explanation of why the small raise was done (pleasantly surprised!) and the investments in Luca and Digbee.
timbo
25/5/2023
12:20
New corporate bonds like those for PXC are paying over 8%, so there's still a premium over having money in the bank.
Even some oilers paying dividends are around 10% with the possibility of capital gains as well.
As long as it's cashflow positive...

3ootuk
24/5/2023
19:25
Just when you thought we were going somewhere
arab3
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