Monument Mining Ltd V.MMY

This Quarter ODY pays us $1.05 million for Benchmark

[nozzpack]

Deferred payment after ODY 43-101 of Turnie was above 100,000 ounces in Q3 of 2023.
 

This deferral to Q1 of 2024 was not without significant implication as it probably presaged the decision of ODY to proceed to mine resumption..

[Freddy1989Germa]

Yes, it will be exciting to see what MMY still has to invest in Murchsion, as an economic feasibility study has been running since March 2023 ..... Let's see when the results finally come in   The plant has been completely overhauled, it's just interesting what the experts advise what steps have to be taken before a launch.   Do you think they are now building up a cash

[nozzpack]

They have the option of expanding the upstream processing facilities so that Peranghi oxide ore can be processed along with fresh ore for the FP and diverted to the Selinsing oxide mill now on care and maintenance . Its my view that spending $10 million for this option  versus $35 million for a Biox conversion plant is a no brainer. Remember, we have conducted a large multi pit bulk sample