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Bullboard - Stock Discussion Forum Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

Metals & Mining Gold
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. > Upping my Q1 Forecast Sales to 18000 ounces
View:
Post by nozzpack on Sep 07, 2023 10:02am

Upping my Q1 Forecast Sales to 18000 ounces

No monsoon rains, actually drier than normal at Kuala Lumpor which is near Seliingsin .

No plant shutdowns so 12000 ounces produced seems very probable for Q1 which along with 6000 ounces from Q4 due to red tape and transportation backlog , adds to 18,000 ounces in Conventrate available for sale in Q1....about $40 m in CAD
Comment by nozzpack on Sep 07, 2023 10:08am
No more backlogs . To achieve this , the company  built a logistic team and sales chain at the Selinsing project. The number of trucks has gradually increased  to speed up the logistic process in selling backlogged product and can be shipped to buyers on a routine basis. The backlog was caused by a lengthy initial administrative process for obtaining all relevant permits and ...more  
Monument Mining Ltd.
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