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Bullboard - Stock Discussion Forum 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... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd. > BIOX/Murchsion
View:
Post by Freddy1989Germa on Aug 11, 2023 10:34am

BIOX/Murchsion

Hello

Yes it will be interesting to see what happens and whether the cash flow will be used first for BIOX or rather for Murchsion for the expansion of the plant.....to 750 000 tonnes.

If you look at it that way with Odyssey Gold there really is an interesting option for MMY to cash flow their Australian asset over the next 12 months.....

or go to Westgold and also get 20% of the profit you make on the high grade ore.

But I would like Odyssey Gold to have the ore processed at the Murchsion plant - the gold price is at A$2900.
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