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Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties. It has a 100% interest in the Murchison Gold Portfolio, which consists of the Burnakura, Gabanintha, and a 20% interest in Tuckanarra gold properties, located in the Murchison Mineral Field. Burnakura and Gabanintha are located southeast of Meekatharra, Western Australia and northeast of Perth, Western Australia.


TSXV:MMY - Post by User

Post by nozzpackon Apr 14, 2023 10:37am
202 Views
Post# 35395088

Breakeven Price is TPC not AISC

Breakeven Price is TPC not AISCThere is only one real and accurate Breakeven cash cost for gold producers.
That is the Total Production Cost.(TPC ) 

Neither Cash  Cost  nor AISC.....despite its name...fully describe total production costs.

It is rare that a gold producer publish all three cash cost indices .

Breakeven means all costs are included, so that all cash flows above that price is free unencumbered cash flows to the balance 

So , TPC is the Breakeven Cost which I estimate to be about $1300 compared to AISC
of $1100 or so.



Its interesting to note that the average AISC for gold producers in 2022 was $1279 US per ounce .

AISC, mind you, not TPC, so the average Breakeven price was above $1279 per ounce .

Malaysia inflation is modest, so Monuments AISC will easily beat the $1279 World average 
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