[tsoprano-1]

Take a look at charts on ERLFF and fgovf. We could be next in line for hockey stick pop.

T

[NYBob]

Monument Reports Fourth Quarter and Fiscal 2024 Results
September 30 2024 - 11:00AM

https://ih.advfn.com/stock-market/TSXV/MMY/stock-news/94634735/monument-reports-fourth-quarter-and-fiscal-2024-re

Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its annual financial results for the year ended June 30, 2024 (“Fiscal 2024” or “FY 2024”). All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results).
Cathy Zhai, the President and CEO commented, “Fiscal year 2024 was a remarkable year for the Company. The gold production generated $51.42 million gross revenue with net earnings of $6.44 million, or $0.02 per share contrary to net loss of ($6.27) million, or ($0.2) per share last year. $14 million cash flow with $10.86 million on hand and a healthy working capital of $20.55 million has turned around the Company to a much stronger financial position. The operation is sustainable and we are ready to move forward with further corporate development.”

Ms. Zhai further added: “The Company is assessing the potential production restart at the Murchison Gold Project while gold prices are at record high, and capitalizing its effort on resource expansion, market growth and returning to our shareholders.”

Fiscal Year 2024 Highlights:

Heathy cash flow, stable production: a net cash of $14.39 million generated from FY 2024 production compared to $0.12 million in FY 2023, increasing the cash balance to $10.86 million as of FY 2024 from $5.96 million at of FY 2023.
Working capital increased 109% to $20.55 million at the end of FY 2024 from $9.82 million at the end of FY 2023
Net profit positive: $6.44 million for FY 2024, or $0.02 per share, compared to a net loss of $6.27 million for FY 2023, or ($0.02) per share;
Significant increase in gross margin by 14 times: $24.83 million for FY 2024 compared to $1.75 million in FY 2023;
2024 production performance:
31,542 ounces of gold produced (FY 2023: 10,775 ounces);
30,713 ounces of gold sold at a record average realized price of $2,116 per ounce for gross revenue of $51.42 million (FY 2023: 7,060 ounces sold at an average realized price of $1,824 per ounce for gross revenue $12.39 million);
Cash cost per ounce sold of $866 per ounce (FY 2023: $1,507 per ounce);
A decrease of 32% in all in sustaining cost to $1,173/oz in FY 2024 compared to $1,722/oz in FY 2023.

Fourth Quarter Production Highlights:

Gold concentrate production improved during the three months ended June 30, 2024 (“Q4 FY2024”), with a total of 12,003 ounces of gold produced;
10,413 oz gold sold at an average realized price of $2,295/oz for $18.60 million (Q4 FY2023: 1,910 oz gold sold for $3.18 million in total including 1,148 oz at $1,949/oz for $1.74 million from gold concentrate sales and 762 oz at $1,883/oz for $1.44 million from gold bullion sales);
Cash cost per ounce for gold concentrate sold at $842/oz (Q4 FY2023: $917/oz);
AISC decreased to $1,183/oz (Q4 FY2023: $1,567/oz).

Fourth Quarter and Fiscal Year 2024 Production and Financial Highlights

https://ih.advfn.com/stock-market/TSXV/MMY/stock-news/94634735/monument-reports-fourth-quarter-and-fiscal-2024-re


GOD BLESS

[Freddy1989]

wow Great work)

Fourth Quarter Production Highlights:

Gold concentrate production improved during the three months ended June 30, 2024 (“Q4 FY2024”), with a total of 12,003 ounces of gold produced;
10,413 oz gold sold at an average realized price of $2,295/oz for $18.60 million (Q4 FY2023: 1,910 oz gold sold for $3.18 million in total including 1,148 oz at $1,949/oz for $1.74 million from gold concentrate sales and 762 oz at $1,883/oz for $1.44 million from gold bullion sales);
Cash cost per ounce for gold concentrate sold at $842/oz (Q4 FY2023: $917/oz);
AISC decreased to $1,183/oz (Q4 FY2023: $1,567/oz).

https://ceo.ca/[@ userid=2024]-results

[Iggy_Bot]

Looking good..

[bigone]

Should we be expecting the Q4 results soon?

[bigone]

Very interesting. Here's to hoping them big success. Thanks NYBob.

[NYBob]

Joint Venture Partner Ody

https://stocknessmonster.com/announcements/ody.asx-6A1222188/

Post by Freddy1989Germaon Aug 27, 2024 9:17am

[bigone]

Very true, but I would feel better seeing the share prices in the US and Canada on a nice, gradual incline.

[Freddy1989]

Well, it doesn't matter, we all know the value of the company, so I continue to buy whenever money is available.

[bigone]

Some day the world will realize what an undervalued company this is by increasing the share price to a more realistic level.

[NYBob]

Report out 0.51 fair value -

https://cdn-ceo-ca.s3.amazonaws.com/1j8gklp-Monument%20Mining%20-%20July%202024%20-%20Update-1.pdf

[Freddy1989]

Let's see how the gold price continues to develop Bank of America assumes 2600 to 3000 dollars in 2025 - MMY should earn very well

and the company has 0 debt and a cash position, which I think is good.

[NYBob]

Wow, What statements from BASHERS again -

When are you a real mining company did you realize that $MMTMF / $MMY is selling gold every quarter and
increasing their production? almost 9000 ounces -

but around 9000 ounces per quarter; you are of course not a real gold mining company

There will probably be no further dilution

Who said I was talking about Australian penny stocks?

What you don't understand is that management does what it wants, it doesn't care what you want -
that's always been the case.

The current focus is on ramping up Selinsing

the company has been in production since 2009 long enough to sell gold for a “real mining” company.

But you will also learn that you don't achieve anything with these activist wishes,
you do it in other ways to get ahead with MMY, which has been done.

1,000th Gold Bar Produced at Selinsing Gold Mine - October 2019
https://monumentmining.com/videos/

$Monument Reports Third Quarter Fiscal 2024 (“Q3 FY2024”) Results
May 28, 2024, News Release
View PDF

Revenue of US$14.91 Million and Cash Cost of US$882/Oz

$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (MMTMF) “Monument” or the “Company” today announced
its third quarter of fiscal 2024 production and financial results for the three and nine months ended March 31, 2024.
All amounts are expressed in United States dollars (“US$”) unless otherwise indicated
(refer to www.sedar.com for full financial results).

https://monumentmining.com/news-media/news/2024/monument-reports-third-quarter-fiscal-2024-q3-fy2024-results/

https://monumentmining.com/videos/

https://monumentmining.com/news-media/photo-gallery/

We have a solid balance sheet and no debt .

And we have 8,179 ounces of gold concentrate held at Selinsing site in our inventory awaiting sales
....that's about $24 milllion CAD entering our bank account over the next quarter or so.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174422992

[bigone]

Thanks again NYBob.

[bigone]

Thanks NYBob. Maybe the share price will get going in this next quarter?

[NYBob]

$Monument Reports Third Quarter Fiscal 2024 (“Q3 FY2024”) Results
May 28, 2024, News Release
View PDF

Revenue of US$14.91 Million and Cash Cost of US$882/Oz

$Monument Mining Limited (MMTMF) (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced
its third quarter of fiscal 2024 production and financial results for the three and nine months ended March 31, 2024.
All amounts are expressed in United States dollars (“US$”) unless otherwise indicated
(refer to www.sedar.com for full financial results).

https://monumentmining.com/news-media/news/2024/monument-reports-third-quarter-fiscal-2024-q3-fy2024-results/

https://monumentmining.com/videos/

https://monumentmining.com/news-media/photo-gallery/

We have a solid balance sheet and no debt .

And we have 8,179 ounces of gold concentrate held at Selinsing site in our inventory awaiting sales
....that's about $24 milllion CAD entering our bank account over the next quarter or so.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174422992

[NYBob]

Monument Reports Third Quarter Fiscal 2024 (“Q3 FY2024”) Results
May 28, 2024, News Release
View PDF

Revenue of US$14.91 Million and Cash Cost of US$882/Oz

Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced
its third quarter of fiscal 2024 production and financial results for the three and nine months ended March 31, 2024.
All amounts are expressed in United States dollars (“US$”) unless otherwise indicated
(refer to www.sedar.com for full financial results).

https://monumentmining.com/news-media/news/2024/monument-reports-third-quarter-fiscal-2024-q3-fy2024-results/

https://monumentmining.com/videos/

https://monumentmining.com/news-media/photo-gallery/

[bigone]

Thank you Freddy1989. This helps us know-nothings to partially understand.

[Freddy1989]

Here are the figures for the other producers so that you can perhaps put this into perspective a little better. Posts here often.

Mako Mining: The Company reported US$0.08 in earnings per share (EPS) during the quarter, while selling 9,267 oz of gold at $1,043 All-In Sustaining Cost ("AISC") ($/oz sold (1) (2)).

Jaguar Mining Gold production for the quarter was 16,177 ounces with 15,692 gold ounces sold, at cash operating costs¹ of $1,167 per ounce of gold sold and all-in sustaining costs¹ of $1,608 per ounce of gold sold. Realized gold prices were $2,076 per ounce.

Kinross Gold
Production cost of sales1, 2 of $982 per Au eq. oz. sold and all-in sustaining cost2, 3 of $1,310 per Au eq. oz. sold, both of which are in line with Q1 2023.

Barrick Gold AISC ($/oz)6 1,474 Dollar Q1 2024

Resolute Mining Ltd AISC bei 1.487 USD

Newmont Mining All-In Sustaining Costs (AISC) per ounce of $1,439

Agnico Eagle AISC 1190$/oz USD

Eldorado Gold AISC 1262 US Dollar

Silver Lake Gold AISC 1.522 AUD 998 USD

Sibanye Stillwater AISC 1.335 US$/2Eoz

Robex Resources: Gold production reached 51,827 ounces, at the high end of guidance for the year, with all-in sustaining costs (“AISC”) per ounce of gold sold1 of C$1,285, down 12% from 2022. This is USD 942.77


Westgold Q3 FY24 gold production of 52,100oz Au @ AISC of
$2,492/oz wobei man sagen muss in AUD das sind 1659,22 USD

Evolution Mining Gold production up 15% to 185,252 ounces of gold at a 9.6% lower All-in Sustaining Cost
(AISC)2 of $1,464 per ounce (US$963/oz)3

Northern Star Gold sold totalled 401koz at an AISC of A$1,844/oz (US$1,213/oz)

Monument Mining produced 5,488 ounces of gold (Q3 2023: 2,412 ounces);
- 8,727 ounces of gold sold at a record average realized price of $2,097
Gold production to 19,539 ounces at cash costs of $878 per ounce and AISC of $1,168 per ounce (YTD FY 2023: total of 6,003 ounces of gold
ounces of gold, of which 2,440 ounces from gold concentrate production and 3,563 ounces from gold bullion production at a cash cost
of $1,536 per ounce and AISC of $1,779 per ounce).

[bigone]

Now this concerns K 92, maybe, not MMTMF.

[bigone]

I sincerely hope that all is well. The brief article that I saw did not mention ant town/city names in the immediate area.

[NYBob]

bigone, thanks, welcome back. 😊
but I haven't found any info about a landslide near to Monument
property? I also hope that all is safe around Monument.
Maybe an updated company news release soon if anything
bad has happen?

Post by nozzpack on May 27, 2024 10:20am
Q2 for Reference
In USD..

POG...............$1946

Revenue.........$11 million

Production ......6800 ounces

Gross Margin.....47%

Cash cost ......$894 per ounce


I think we have an excellent chance of Doubling Q2 revenues ..

ENJOY -

https://x.com/reinvest131/status/1734948033555497058

[bigone]

I blew it. This was not MMTMF, but K 92. Extremely sorry about the mistake.

[bigone]

NYBob, Was the massive landslide near to the Monument property? Has the site had any disruptions? I read that rescue operations were being inhibited by tribal warfare, also. Hope that all is safe around Monument. Maybe an updated company news release soon?

[bigone]

I just have the feeling that 2024 could be a very good year.

[bigone]

Thanks again NYBob. We appreciate all the info that you share on Monument and others.