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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. > $14 million in ore Inventory on March 31 2023
View:
Post by nozzpack on Sep 26, 2023 9:32am

$14 million in ore Inventory on March 31 2023

Inventory includes supplies to production, stockpiled ore at ROM pad, work in progress such as gold in circuit and finished goods comprised of gold bullion and gold in concentrate. 

Almost certainly, that inventory has now been sold along with some from Q4.

Its probable that most 0f that will have been sold in Q1, given that only 500 tons of concentrate was sold by late June, along with 3000 tons produced in Q4 being carried over to Q1..

Comment by romara on Sep 26, 2023 10:08am
Knowing this management crew, they will only report on the last quarter ending 30 June 2023......, but then, I must give them credit for providing us with an update last week, in which they could have also mentioned about the Re-Incorporation .... I am wondering why they are so silent on that .... they could have given a NR saying that they had started process for  the Re-incorporation.of MMY ...more  
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