Monument Mining Ltd V.MMY

MMY vs Mako Mining

[Freddy1989Germa]

MMY benchmark would be comparable to Mako Mining

 

And both are also not located in the typical gold producing countries vs. 

 

Gold Sales of 9,267 Oz Au at $1,043/oz AISC

Market Cap (intraday)239.978M

[mmyactivist]

In order to reach Mako valuation, this is what we shareholders must demand from our MMY mgmt and board on a constant basis: - Australian Exchange ASX listing; - Reverse stock split, at least 10:1 or better 20:1, to turn MMY from a shitty penny stock status to a more reputable one, with a share float max around 30 million. This would attract investors focused on higher priced stocks, allow for

[AlfTanner]

mmyactivist, that is a very good list of what the company needs to do.  I completely agree that a reverse split is needed.  I have made a small investment in this company, but I will not invest more until the bloated share count is brought down and the price per share is respectable.  A share price under $1 makes the company look unprofessional.  If this company really has

[romara]

As I have said before, the current inner circle of  management are not miners....just fast buck artist off Howe Street..... they fill their pockets first before they think about the shareholders .......   Richard

[Freddy1989Germa]

Who exactly do you mean by the rip-off artists from the management circle?   It has to be said that if MMY ramps up production in Malaysia and then concentrates on Australia, I'm very happy with that - the cash flow has to be stable.   that we can develop Australia in the next 12 months.

[romara]

Freddy ... I not going to name names, the people in the field are doing great work, but this is what we have to watch for, can it happen? Will it happen? ... it's to be seen. But this is what we don't know " t has to be said that if MMY ramps up production in Malaysia and then concentrates on Australia, I'm very happy with that - the cash flow has to be stable." And if

[Freddy1989Germa]

"One thing I want to tell you.... the former chairman left a stink so bad, a lot of broker will never reccommend MMY to their account holders." I agree with you that you first have to rebuild your good reputation, no question.   But we know what they will do with the cash flow to finance exploration and the development of Murchsion    And once that's done

[mmyactivist]

Regarding Share buyback program, it doesn't even require cash outlays from the company initially. You only have to announce that you start a share buyback program, and plan to execute it over a period of some years. This would send a very positive message to the market, and attract new investors without spending a dime. But our MMY mgmt and Board don't care, not willing even to show

[romara]

The inner circle of management are originally Howe Street grifters, who have no idea of really what to do. They are happy with their generous salaries, and other perks.... helping the shareholders .... you got to be kidding .....   Richard