logo-loader
RNS
Mineral & Financial Investment Limited

Correction: Quarterly Net Asset Value

/**/ p{margin-right:0cm;margin-left:0cm;font-size:10.0pt;font-family:"Times New Roman","serif";}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;} .ad{size:595.0pt 842.0pt;margin:55.25pt 70.5pt 23.65pt 63.8pt;}div.ad{}p.ck{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:0cm;text-align:justify;text-justify:inter-ideograph;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; margin-bottom: 0cm; text-align: center}span.ci{font-size:16.0pt}p.cl{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;border:none;line-height: normal; margin-bottom: 0cm; text-align: center}span.cm{font-family: "Times New Roman","serif"; font-size: 16.0pt; font-weight: bold}span.cn{font-family: "Times New Roman","serif"; font-weight: bold}p.co{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;border:none;margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify; text-justify:inter-ideograph}span.cp{font-size: 10.5pt;line-height:115%;font-family:"Times New Roman","serif"}span.cq{font-family: "Times New Roman","serif"; font-size: 10.5pt; font-weight: bold; line-height: 115%} table.cr{width:413.0pt;margin-left:-5.4pt;border-collapse:collapse}tr.bv{height:15.0pt}td.by{width:154.2pt;padding:0cm 5.4pt 0cm 5.4pt; height:15.0pt}p.cs{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold}span.ca{font-size:11.0pt;color:black}td.bx{width:51.2pt;padding:0cm 5.4pt 0cm 5.4pt; height:15.0pt}p.a,li.a,div.a{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";}span.bw{font-size:10.0pt}td.bs{width:154.2pt;border:solid windowtext 1.0pt;padding: 0cm 5.4pt 0cm 5.4pt;height:15.0pt}p.ct{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; text-align: center} span.bu{font-size:9.0pt}td.br{width:51.2pt;border:solid windowtext 1.0pt;border-left: none;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt}tr.bm{height:29.25pt}td.bp{width:154.2pt;border-top:none;border-left:solid windowtext 1.0pt; border-bottom:none;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt; height:29.25pt}p.cu{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify;text-justify:inter-ideograph}td.bn{width:51.2pt;border:none;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:29.25pt}p.cv{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align: right}tr.bj{height:27.75pt}td.bl{width:154.2pt;border:solid windowtext 1.0pt;border-top: none;padding:0cm 5.4pt 0cm 5.4pt;height:27.75pt}td.bk{width:51.2pt;border-top:none;border-left:none;border-bottom: solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt; height:27.75pt} td.bi{width:154.2pt;border:solid windowtext 1.0pt;border-top: none;padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt}td.bh{width:51.2pt;border-top:none;border-left:none;border-bottom: solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt; height:15.0pt}td.bg{width:154.2pt;border-top:none;border-left:solid windowtext 1.0pt; border-bottom:none;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt; height:15.0pt}td.bf{width:51.2pt;border:none;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt}tr.bb{height:24.0pt}td.be{width:154.2pt;border:solid windowtext 1.0pt;border-top: none;padding:0cm 5.4pt 0cm 5.4pt;height:24.0pt}td.bc{width:51.2pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:24.0pt}span.bd{font-size:9.0pt;color:black}td.ba{width:51.2pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:15.0pt}span.az{font-size:10.5pt;color:black} span.aw{font-size:12.0pt;font-family:"Times New Roman","serif"}br.ax{page-break-before:always}td.av{width:154.2pt;border:solid windowtext 1.0pt;padding: 0cm 5.4pt 0cm 5.4pt;height:24.0pt}td.au{width:51.2pt;border:solid windowtext 1.0pt;border-left: none;padding:0cm 5.4pt 0cm 5.4pt;height:24.0pt}p.cw{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";line-height:115%}span.at{font-size: 10.5pt;line-height:115%}span.ar{font-size: 8.0pt;line-height:115%}p.cx{margin-top:0cm;margin-right:0cm;margin-bottom:13.5pt;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt;text-align:justify;text-justify:inter-ideograph; line-height:115%}span.cy{font-size: 10.5pt; font-weight: bold; line-height: 115%}table.cz{margin-left:-5.4pt;border-collapse:collapse} td.an{width:308.15pt;padding:0cm 5.4pt 0cm 5.4pt}p.da{margin-top:0cm;margin-right:0cm;margin-bottom:13.5pt;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:6.0pt;text-align:justify;text-justify: inter-ideograph;line-height:115%}span.db{font-size: 10.5pt;line-height:115%}td.am{width:130.45pt;padding:0cm 5.4pt 0cm 5.4pt}span.al{font-size:10.5pt;line-height: 115%;color:black}p.dc{margin-top:0cm;margin-right:0cm;margin-bottom:13.5pt;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 115%; margin-bottom: 6.0pt; text-align: justify; text-justify: inter-ideograph}span.aj{font-size:10.5pt;line-height:115%}p.dd{margin-top:0cm;margin-right:0cm;margin-bottom:13.5pt;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify; text-justify:inter-ideograph;line-height:150%}span.de{font-size:10.5pt;line-height:150%}span.af{font-size:10.5pt; line-height:150%;color:black} p.df{margin-top:0cm;margin-right:0cm;margin-bottom:13.5pt;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify; text-justify:inter-ideograph}span.dg{font-size:10.0pt; color:black} /**/
RNS Number : 5171W
Mineral & Financial Invest. Limited
17 April 2019
 

MINERAL AND FINANCIAL INVESTMENTS LIMITED

Correction: Quarterly Net Asset Value

 

 

NET ASSET VALUE

 

It has come to the Company's attention that the calculations for the quarterly Net Asset Value per share quoted in previous announcements, and more particularly the announcements dated 27 March 2019, 1 November 2018 and 31 July 2018, were not expressed clearly.

 

Accordingly, the Company sets out its calculations for both the basic and fully diluted Net Asset Value per share, below.

 

These calculations will also be incorporated in the Company's quarterly Net Asset Value update going forward.

 

2016

 

 

 

 

 

Mar. 31 2016

Jun. 30 2016

Sep. 30 2016

Dec. 31 2016*

NET ASSET VALUE (NAV)

£912,938

£1,048,857

£1,558,156

£1,494,360

Cost of Exercising Options

£39,450

£39,450

£39,450

£39,450

Total NAV

£952,388

£1,088,307

£1,597,606

£1,533,810

 

 

 

 

 

Number of shares in issue

      14,034,562

      14,034,562

      24,034,562

      24,034,562

Unexercised options

           500,000

           500,000

           500,000

           500,000

 

      14,534,562

      14,534,562

      24,534,562

      24,534,562

Basic: NET ASSET VALUE PER SHARE (NAVPS)

6.50p

7.47p

6.48p

6.22p

Fully diluted NAVPS

6.55p

7.49p

6.51p

6.25p

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

Mar. 31 2017

Jun. 30 2017

Sep. 30 2017

Dec. 31 2017

NET ASSET VALUE (NAV)

£2,509,774

£2,443,373

£2,387,321

£2,602,816

Cost of Exercising Options

£84,450

£84,450

£84,450

£61,604

Total NAV

£2,594,224

£2,527,823

£2,471,771

£2,664,420

 

 

 

 

 

Number of shares in issue

      34,742,895

      34,742,895

      34,742,895

      35,037,895

Unexercised options

        1,100,000

        1,100,000

        1,100,000

           805,000

 

      35,842,895

      35,842,895

      35,842,895

      35,842,895

Basic: NET ASSET VALUE PER SHARE (NAVPS)

7.22p

7.03p

6.87p

7.43p

Fully diluted NAVPS

7.24p

7.05p

6.90p

7.43p

 

 

 

 

 

 

2018

 

 

 

 

 

Mar. 31 2018

Jun. 30 2018*

Sep. 30 2018

Dec. 31 2018

NET ASSET VALUE (NAV)

£2,536,875

£2,623,134

£2,358,580

£4,392,940

Cost of Exercising Options

£61,604

£61,604

£61,604

£61,604

Total NAV

£2,598,479

£2,684,738

£2,420,184

£4,454,544

 

 

 

 

 

Number of shares in issue

      35,037,895

      35,037,895

      35,037,895

      35,037,895

Unexercised options

           805,000

           805,000

           805,000

           805,000

 

      35,842,895

      35,842,895

      35,842,895

      35,842,895

Basic: NET ASSET VALUE PER SHARE (NAVPS)

7.24p

7.49p

6.73p

12.54p

Fully diluted NAVPS

7.25p

7.49p

6.75p

12.43p

 

*indicates audited numbers.

 

FOR MORE INFORMATION: 

Jacques Vaillancourt, Mineral & Financial Investments Ltd.           

+44 780 226 8247

Katy Mitchell and Jessica Cave, WH Ireland Limited

+44 161 832 2174

Jon Belliss, Novum Securities Limited

+44 207 382 8300

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
NAVBBGDSSDBBGCR

Quick facts: Mineral & Financial Investment Limited

Price: £0.10

Market: AIM
Market Cap: £3.59 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE