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Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

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

Comment by nozzpackon Aug 03, 2023 10:23am
95 Views
Post# 35571016

RE:Detailed Data Incorporated F2023/24 Production

RE:Detailed Data Incorporated F2023/24 Production As previously detailed, the $1100 US breakeven price in the 2019 FS included $53 million US  for the  FP/ BIOX Ibstall which had to be paid off including interest and financing costs.

That is not the case now as we will be actually have cash on our balance sheet.

So, the $1100 US breakeven price ( Everything in ) can be considered the topside for the current FP production.

At $1850 POG , that meand $750 US per ounce will be free cash going to the bottom line.

Which for the next 4 quarters  will add up according to the following simple computation..

$750 / ox X 49500 ounces  X 1.32 = $49 million in added cash .

Thats an addition of $14.5 cents CAD to our cash position which will probably be about 0.20 / share   CAD including current cash
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