Monument Mining Ltd. V.MMY

CNMC Gold Mine All in Costs ………$1100 per ounce most likely

[nozzpack]

I have often referred to the small gold mine of CBMC which is the only other gold mine in Malaysia currently producing.
Each year it's production metrics are provided in a clear presentation .
The 2022 presentation can be viewed in the link below..

Note.....

1......Difference in All In Costs (AIC =  Breakeven = TPC )  and All in Sustaining costs ( AISC )  for 2022.

2.....AIC was $1310 USD per ounce in 2022.

3...AISC was $200 per ounce lower in 2022 , much as expected 

4..AIC in 2022 was elevated due to construction of two UG mines

5..AIC in 2019 which was the last full year prior to Covid disruption was $1150 USD per ounce

6...Productiion Volumes  and AIC are inversely linked because fixed costs such as G&A etc are spread over a higher volume produced

7..2019 production volume was about 28,000 ounces which was twice that of the 14000 ounces for 2022 which explains the lower AIC in 2019

8..Selinsing is a much larger production volume than that of the 14000 ounces produced by CNMC in 2022.....3-4 times larger

9....From such an excellent Proxy, it is almost certain that the AIC= Breakeven cost of Selinsing FP will be no greater than $1300 USD per ounce

10....the FP AIC is much more likely to trend to $1100 USD per ounce than $1300 USD per ounce

In mining terminology, I would call statements #9 and #10 " Bankable "..




https://cnmc.listedcompany.com/newsroom/20230224_000121_5TP_5ZUF3J0929LNRMTJ.3.pdf

[Freddy1989Germa]

Hello what you also have to remember with CNMC Gold Mine they use the same method to process their sulphide ore as Monument Mining does. They are currently building up an ore stockpile of 6 months during production which I think is very smart. The question is, for example, do they have enough acreage to extend that stockpile to 12 months? that would be very smart. For example, if you put more