Monument Mining Ltd V.MMY

Ramping Up Peranghi Cost and Drilling

[Freddy1989Germa]

Hello nozzpack how should I understand this so one has the whole overburden removal costs for Pernaghi with in the 4 quarter packed and now so to speak the ore layer exposed?

I find 1600 dollars in costs really heavy these costs must go down to 1100 dollars ALL IN Cost again...

what do you think so that by the Peranghi ore the recovery rates rise? at 58% recovery is underground...

As I see it, drilling results from Peranghi are still waiting for us and from Australia as well-....

[nozzpack]

Im not sure I understand your question. As far as I know these mine development costs have been capitalized, as it is preparing the mine for full commerical mining. As for cash costs, fixed overhead costs are spread over the ounces mined. That means that the cash costs per ounce will decline proportionally with ounces mined. For example, if 6000 ounces were produced rather than 2900 ounces