Monument Mining Ltd V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.

TSXV:MMY - Post by User

Monument Mining Ltd

Bullboard Posts

Post by Freddy1989Germaon Sep 05, 2019 5:03pm

54 Views

Post# 30099930

Share Price Market cap

Market Cap 19,489M

approx. 12 million in cash

250 million in assets

Where do you see a fair market cap of Monument Mining currently the company only trades on cash level?

if you get the 40 million financed and Peranghi is still starting this year I'm honestly counting in the 4th quarter of 2019 until the fair in November.

100 million have been invested in Selinsing alone.

I see after financing a fair valuation of at least 50 million so there should be at least the loan amount + cash to market cap....all investments are evaluated with 0 and all projects are also 0

How do you see that, how is your calculation of fair market cap?

Translated with www.DeepL.com/Translator

Bullboard Posts

Cannara reports record growth and profitability in Q4 2023