Monument Mining Ltd V.MMY

CNMC Gold 2022 Report….All In $1352 per ounce

[nozzpack]

It's a smaller operation than MMY but pays a small dividend.....see the link below

Note that 2022 had operational problems , yet its Gold AISC continued to decline to $1353 US per ounce from a Covid high above $1600 in 2020.

Prior to that disruption, it's AISC was in the $1050 US per ounce range which it expects to return to in 2023.

Note also that its after tax net margin is about 6% ...sufficient to pay a dividend ..MMY has forward tax loss pools in excess of $44 million US to offset income taxes of 27%.....so it's net margin should be seveal times that of CNMC..

https://cnmc.listedcompany.com/misc/ar2022/16/index.html

[Freddy1989Germa]

That sounds interesting and let's hope that Monument Mining also gets to around 1050 dollars in ALL In costs with the new plant. Does CNMC Gold also process sulphide ore like Monument Mining?