Mineral & Fin Share Price (MAFL)

Could do and that is just one investment in the MAFL portfolio.

Yet our entire mcap at present is just £4 million.

Scotland Yard needs to take a look to see who is manipulating the price here.

Re Luca, I also believe it has legs. Worth noting that there are three key points to the warrants:

1) We would have to buy before April 25

2) But there is also a clause that if the price exceeds $.90 for 15 days then Luca can accelerate the deadline to 30 days from that point (which is entirely possible given current climate)

3) Using the warrants would cost us £0.8m, but if their shares are worth the above clause price, that would give them a value of £1.5m.

We already have 5.7m shares, so if we take the clause share price, that would value those at £3m. So all in, our stake would be worth £4.5m GBP.

Yes, been a fantastic recovery at Luca, supported by good company news and of course the gold price.

I think it has legs too so hats off to JV for what is now looking a great investment.

MAFL share in Luca Mining worth about £1.6M at current SP. That's about 37% uplift on the investment made April last year and that doesn't include the warrants that are almost in the money... (C$0.50 until Arpil 25 2025)...

And another a bit of good news today, Luca Mining are now 50% up YTD. MAFL have a pretty significant holding in Luca...

That should reflect well in the next NAV update.