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Bullboard - Stock Discussion Forum 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... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd > Market cap to cash ratio?
View:
Post by Freddy1989Germa on Feb 22, 2021 3:16pm

Market cap to cash ratio?

I mean by that how much cash do you expect Monument Mining to have in April? 
 
and how would you evaluate market cap 1 to 1 to cash?

I hope that soon there will be interviews or an update from the company.
Comment by nozzpack on Feb 22, 2021 4:12pm
Freddy Our current market cap is Approx $46 million cad and our net cash and cash equivalents amount to $63 million, including full receipt of the remaining $26.25 million from the sale of Murchison plus Approx 2 million ounces of gold Dores, net of eliminating the gold payback liability. If anyone can find me another gold producer with no debt and trading nearly $20 million below  cash and ...more  
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