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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
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Post by Freddy1989Germaon Nov 20, 2023 7:40pm
1074 Views
Post# 35745524

Q1 2024 forecast figures

Q1 2024 forecast figures
What will be particularly interesting are the next 2 quarterly figures. 
 
As I see it, only "transition ore" was processed to adjust the plant, i.e. mixed ore from oxide ore/sulphide ore.
 
4400 ounces of sulfide ore were produced in the last quarter and that was only 1 month I think with sulfide ore production and also not full capacity.
 
I am a bit cautious and assume 8000-10 000 ounces and 1200 ALL IN cost at 1900 maybe more selling price.
 
I like to be positively surprised and am curious.
 
For how long do you think MMY will continue to process transition ore, which has a lower recovery?
 
How many ounces are you expecting for Q1 and what costs?
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