Jacques Vaillancourt, CEO of Mineral & Financial Investments, discusses the 27% increase in NAV

Jacques Vaillancourt, CEO of Mineral & Financial Investments, talks us through the strong half-year results, and how he’s positioning the portfolio for further growth.Mineral & Financial Investments Limited (AIM: MAFL) continues its strong track record of growth with its latest half-year results, reporting a 26.7% year-on-year increase in Net Asset Value (NAV) and a 24.8% rise in NAV per share for the six months to 30 December 2024. Jacques Vaillancourt, President and CEO, discusses how the company’s elevated exposure to gold and silver has driven growth, despite a volatile economic and political backdrop and well ahead of a strong five-year compound growth rate of 18.8%. He also gives his views on how the mining investment landscape is taking shape, and how that’s translating into future opportunities in the metals and mining industry, particularly around base metals. In this interview, investors will hear: • The key drivers behind M&F’s strong NAV performance and 112% increase in net earnings. • The role of gold and silver in MAFL’s portfolio and why geopolitical concerns mean precious metals have outperformed base metals over the past year. • Insights into the company’s deferred gold contracts, how they provide a hedge against market uncertainty, and their impact on liquidity • The shift towards base metals and lithium investments, and how MAFL is positioning itself for the next phase of commodity price movements • Updates on key investments, including Golden Sun Resources’ operational progress and its pathway to monetisation Reasons to add Mineral & Financial Investments Limited to your watchlist: • Offers discounted exposure to high-quality assets across the mining value chain, including mining-focused technology and consultancy companies that help the industry operate more efficiently and in an ESG-friendly manner. • Operates a diverse investment strategy, with a balanced portfolio of precious metals, base metals, lithium, and energy-related assets positioning the company for continued success • Experienced management with a deep understanding of the sector and the trends behind it, helping it steer a less volatile course through the sector’s regular ups and downs, and bringing the ability to create value by exploiting tactical opportunities. • Debt free, and with several ‘monetisation’ events in its strategic approaching, giving it the opportunity to redeploy capital in the year ahead. • Its shares trade at an unjustified discount to MAFL’s conservatively valued and high-performing portfolio, which gives investors both a large margin of safety and significant latent upside. Jacques Vaillancourt, President & CEO of Mineral & Financial Investments Limited, was interviewed by John Hughman for FocusIR.