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Bullboard - Stock Discussion Forum
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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Bullboard (TSXV:MMY)
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(69)
•••
SilverNS
X
Comment by
SilverNS
on Dec 10, 2024 8:33pm
RE:RE:Antimony in Flotation Concentrate
FYI - Management is aware and reviwing this.
(4242)
•••
nozzpack
X
Post by
nozzpack
on Dec 10, 2024 7:16pm
US needs Antimony for Weapons and Solar Panels
https://alaskabeacon.com/2024/11/18/america-needs-antimony-for-weapons-and-solar-panels-the-mining-industry-is-looking-to-alaska/
(69)
•••
SilverNS
X
Comment by
SilverNS
on Dec 10, 2024 2:36pm
RE:RE:RE:Fundamental Research Report
try this link Stock Up 67% YoY, Still Trading at a Steep Discount
(4242)
•••
nozzpack
X
Post by
nozzpack
on Dec 10, 2024 10:23am
Gold Recovery Significantly affects Cash Flows
In Q1, Mmy mined 10,500 ounces but because recovery was just above 76%, only 8059 ounces were recovered to be sold. However, our mining costs are based on ounces mined, not ounces produced. Q2
...more
(4242)
•••
nozzpack
X
Post by
nozzpack
on Dec 10, 2024 9:59am
This Quarter….Q2
We had power failures in Q1 which limited production to just over 8000 ounces. Based in yestedays operational update, things have significantly improved with recoveries approaching 90%. So, 10
...more
(4242)
•••
nozzpack
X
Comment by
nozzpack
on Dec 10, 2024 8:56am
RE:"Increased Payables" mentioned in today's press release ...
The majority of the production is coming from Buffalo Reef and Felda . What is very interesting is that the antimony content of the Buffalo Reef ore has proved to be higher than expected and
...more
(91)
•••
greyowl
X
Post by
greyowl
on Dec 10, 2024 8:47am
China's Antimony Export Ban
Perpetua mentiioned in the following informative artivle. They recently were backstopped to the tune of $2BUS by US Dept Of Defense to get thier western US antimony into production "as
...more
(4242)
•••
nozzpack
X
Comment by
nozzpack
on Dec 10, 2024 7:32am
RE:Antimony in Flotation Concentrate
How things change. It used to be thst presence of a high proportion of antimony in the flotation concentrate was considered to be deleterious and would need to be controlled through selective
...more
(4242)
•••
nozzpack
X
Comment by
nozzpack
on Dec 10, 2024 5:27am
RE:Antimony in Flotation Concentrate
Perpetua mine has 30 lbs of antimony per ounce of gold. Recovery is about 89% . Selinsing has 250 pounds of antimony per recovered ounce of gold...see extract below. Antimony is a rare metal
...more
(4242)
•••
nozzpack
X
Post by
nozzpack
on Dec 10, 2024 5:19am
Just look at Antimony Impact on Perpetua Market cap
Perpetua wins key federal decision for Stibnite Gold project, stock soars Staff Writer | September 5, 2024 | 8:29 am Markets News USA Gold Specialty Minerals
...more
(4242)
•••
nozzpack
X
Post by
nozzpack
on Dec 10, 2024 5:04am
Antimony Prices have exploded
https://ycharts.com/companies/UAMY/price
(4242)
•••
nozzpack
X
Comment by
nozzpack
on Dec 10, 2024 4:58am
RE:RE:RE:Fundamental Research Report
MMY is up 72% since our previous report in July 2024. Despite the uptick, MMY remains heavily discounted at 1.2x forward EBITDA, compared to the sector average of 6.0x, an 81% discount.( Fair
...more
(4242)
•••
nozzpack
X
Post by
nozzpack
on Dec 10, 2024 4:52am
Gabanintha ….Very High Prospectivity
Gabanintha has 153,000 ounces JORC ......same as 43-101. A small drilling program several years ago highlighted excellent gold and copper grades . There are six historical open pits with
...more
(91)
•••
greyowl
X
Post by
greyowl
on Dec 10, 2024 1:03am
Antimony in Flotation Concentrate
can be as high as 12%. Depends on where the ore is coming from. Tests in the 2019 technical report related to testing the flotation concetrate on a BIOX system showed the concentrate produced
...more
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