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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. > WestGold Q3…Very High AISC..Very Low Free Cash Flow
View:
Post by nozzpack on Apr 03, 2024 5:19am

WestGold Q3…Very High AISC..Very Low Free Cash Flow

WestGold continues to struggle making real money...free cash flow of just $9 m ..because of its very high AISC of its underground mining operations .
Nothing new there except that it is getting worse.

WestGold desperately needs a greater proportion of its gold production coming from low cost open pit mining .

ODY-MMY own the brightest advanced open gold resources .

They will make an offer .....

https://www.marketindex.com.au/asx/wgx/announcements/q3-fy24-production-update-6A1201081
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