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 > Estimated Free Cash Flows

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Comment by Freddy1989Germaon Jan 20, 2024 10:40am

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Post# 35837291

RE:Estimated Free Cash Flows

"In Q1 , that number was $957 US per ounce which is near identical to that forecast in the FS.
Rounding to $1000 US per ounce @$2000 POG, we are free cash flowing $1000 US per ounce equivalent to about $1300 per ounce in CAD."

According to some calculations, MMY only gets about 1500 USD per ounce of concentrate and the rest goes to the smelter or the "buyers"

4,607 ounces of gold sold at an average realization price of USD 1,939/ounce for an estimated USD 6.91 million

Gross margin of USD 3.01 million

Decrease in all-in-sustaining costs ("AISC") to USD 957/ounce

Or is our calculation wrong - I would be happy to be taught better

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