Monument Mining Ltd. V.MMY

New ALL IN Cost Monument Mining

[Freddy1989Germa]

It will definitely be exciting.

I know from the past that Monument Mining likes to have a reserve of "gold inventory" in the bank of the Perth Mint.....but with gold prices currently very tempting to make profits.

What will be interesting is the recovery if we can maybe reach 90% because it is fresh ore not the difficult low ore anymore.

The ALL IN costs will be very interesting to see if you can say that you can compare it with the BIOX costs as in the 2019 report or if something else comes up.

I have calculated an ALL IN cost of 1200-1350 dollars, although I hope for 1000 dollars because the ore has already been stockpiled and no longer needs to be mined.

Of course, the plant has not yet run at full capacity for a full quarter, but we'll see.

I also used Majestic Gold as a comparison, they have 751 ALL IN costs but I don't want to be too optimistic if we get close to 1000 dollars ALL IN that would be great, a lot goes into exploration and mining etc.....

What ALL IN do you realistically expect?

[nozzpack]

There 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 All In. This is the real All In . Cash flows in excess of Breakeven = TPC go straight to the cash position as free cash flows. The 2019 report estimated TPC at $1100. The FR report estimated TPC at