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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 Apr 03, 2024 5:28am
131 Views
Post# 35966871

RE:ebita mmy

RE:ebita mmyC thank you for that illuminating post in which even at a conservative 5 times its Ebitda, our valuation should be $130 million US = $170 million in cad.

Thats about $0.50 CAD per share , spot on the estimates posted here.

There is the inevitable lag between actual fiscal performance and Ebitda multiple but Q3 should go a long way to boost our Ebitda towards its multiple of 5.

With POG now near $2300 US, that valuation will quickly expand .

We are rolling folks .
Our patience is paying off and we have a very bright future ..

GLTA
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