RE: what a20 Feb 2018 07:26
MAFL, the AIM quoted resources investment specialist, today announces an NAV and operations update on its activities for the period ended December 31, 2017.
� Year end Net Asset Value up 18.9% to 7.43p per share, totalling �2,602,816 (unaudited)
� TH Crestgate's Lagoa Salgada's LS-1 resource tonnage increased by 114% to 9.65Mt
� Investment Portfolio now totals �2,200,061, up 72.7% from year end 2016.
� Two new tactical investments initiated
� TH Crestgate is now seeking to monetize the investment in Lagoa Salgada.
Our outlook for mineral investments is positive, but as always, the devil will be in the details. TH Crestgate has notified us that they intend to monetize, or find a partner for the Lagoa Salgada project. M&FI is working closely with TH Crestgate GmbH in aiding to secure the most suitable transaction possible. We note that our investment in TH Crestgate GmbH is recognized at our investment cost.
market will either start waking up or get a nice asset sale surprise...