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.

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Monument Mining Ltd > Cash vs Market Cap nozz

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Comment by nozzpackon Mar 06, 2021 12:03pm

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Post# 32736223

RE:RE:RE:Cash vs Market Cap nozz

Richard..

25,000 ounces times $4000 = $100 million divided by 333 m shares= $0.30 per share

Whether you are given that amount by the market depends on balance sheet, cash costs, growth potential, LOM and level of investor awareness.

If Peranghi is anywhere close to 100,000 ounces or more, we would have be able to tick off all of the above caveats except investor awareness, which I presume will be corrected.

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