[NYBob]

Joint Venture Partner Ody

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

Post by Freddy1989Germaon Aug 27, 2024 9:17am

[bigone]

Maybe 4 TH quarter results by the end of August?

[bigone]

That would be HUGE!!!

[fletus1001]

report out 0.51 fair value

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

[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

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

[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/

[nowwhat2]

I searched for Albert - Watched a bit of his vid - Went over to CEO (where I saw you) -
Then came over to here (where I also see you - posting only your 4th post on IHUB)
Cool !

Anyways, so I guess I should watch that whole Albert vid
Welcome to IHUB
Is Monument a sound buy ?

.

[Freddy1989]

President and CEO Cathy Zhai commented, "Q3 FY2024 was a significant quarter at the Selinsing Gold Mine with stabilization of production at the sulphide gold processing plant. The Company focused on the improvement of flotation plant performance at the Selinsing Gold Mine to increase cash flow generation. The cash generation provides a foundation for future exploration, development and corporate growth. In addition, an assessment of a potential production restart at the Murchison Gold Project continues to progress.”

Positive cashflow from gold concentrate production of $6.20 million during Q3 2024, compared to $1.35 million in Q3 2023 when gold bullion transitioned to gold concentrate production.

As part of the ongoing plant optimization, a new rougher tailings hopper was installed, along with the rougher tailings pumps upgraded with new motors and power supply. A bigger rougher concentrate launder was also installed to replace the original undersized unit and solve excessive spillage issues. Further upgrades to the filter press have been planned and are expected to be completed in October of 2024.

On August 3, 2023, the Company was notified by Odyssey Gold Ltd. that a major milestone of resources had been achieved at the Tuckanarra Joint Venture Project.

[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).

[Freddy1989]

Yes, it will be exciting, especially the figures at the end of September when we see what the system can achieve if everything runs smoothly.

[fletus1001]

middle end of june will be intersted after q3 results !!! some updates i haerd

[fletus1001]

https://twitter.com/reinvest131/status/1790774631931978010

[fletus1001]

Monument Mining is adjacent to Westgold's projects. They already have a resource and a mill in Murchison. Meanwhile producing at their other mine. The company is so cheap no peers come close to the same potential. https://t.co/TttAYTce9B $mmy.v

— Reinvest (@reinvest131) April 15, 2024

https://www.reddit.com/r/Monumentmining/

[fletus1001]

very good post on stockhouse

The $GDXJ which I follow to gauge sentiment in Gold Juniors is up about 35% since the lows in Feb, MMY is up about the same but we had already outperformed the GDXJ substantially off the lows in October with us being up around 200% since that point. People have their own agendas and some people are sat on big profits which they want to take. The whole sector is still massively undervalued at current gold prices and we are undervaued compared to the sector, we have cash and gold inventory to the tune of maybe C$20 million and climbing right now, no debt and we have a gold mine, literally, generating maybe C$50 million cash flow per year at these prices. We also have Murchison sat waiting to go right in the sweet spot of the Aussie gold belt and as we have just seen with Westgold and Karora M&A is on the agenda.

I've been involved in 3 bull markets for gold juniors during my time, each occasion stocks were massively undervalued at the start and massively overvalued at the end. Gradually as prices rose they started to look less cheap and I had big profits which I took and then regretted as prices continued to rise. Fear of losing your profit is real. A wise investor once said that bull markets aren't over in a week or a month.., you have to stay the course for the big bucks. If this is another bull market like the last 3 (and I don't know if it is yet) then by the end everything in this sector will be up 5 to 10 times and more from their lows, even the moose pasture... and most of us will have sold long ago...

I want 50 cents for my shares here and I think I will get it, eventually... providing gold stays strong.

[fletus1001]

Monument Mining very cheap buy, less than half book value.

Latest upside miner chart says:
- Serabi Gold is on top.
- Steppe gold did the acquisition, could be a good buy as well.
- Monument Mining very cheap buy, less than half book value.
- Soma Gold making good money at 2400 gold.
- Mineros should double. pic.twitter.com/tfzFOFc04r

— Correlation Economics (@GoldForecast) April 12, 2024

https://www.reddit.com/r/Monumentmining/

[fletus1001]

goldminers very cheap including monument

Believe it or not, the gold miners are cheaper today compared to a month ago. pic.twitter.com/RSu7dqNaXd

— Correlation Economics (@GoldForecast) April 4, 2024

[fletus1001]

https://www.reddit.com/r/Monumentmining/

[fletus1001]

fair value mmy

Interpolation shows $MMY.V should be at 70 cents. https://t.co/WGoEd57fGL pic.twitter.com/QGVYOEG962

— Correlation Economics (@GoldForecast) April 1, 2024

[fletus1001]

mmy on the move. chance to tripple this year

$MMY.V had a bit of a tick up, but the gap is by far not filled yet. pic.twitter.com/FIrT2rAN4C

— Correlation Economics (@GoldForecast) April 2, 2024

[KICK1]

Awesome! Premium Gold and Silver! $MMY $MMTMF