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New Pics of F Plant..looks almost ready to go
by nozzpack.
https://monumentmining.com/news-media/photo-gallery/
3.5 years of current stockpiled mining feed , plus M & I, and new equipment. Trading at such a low cap???? With a bright future. Thanks NYBob.
Good report on Selinsing mine -
https://miningdataonline.com/property/1004/Selinsing-Mine.aspx
A nice compact summary of the operational parameters of the Selinsing extended mine including BR.
Note that the entire oxide operation including the oxide plant will shut down as soon as commissioning of the FP begins, now scheduled for October.
Note also that there are 2.3 million tons of low grade oxides in the 2P reserves and 3.4 million tons of Sulphides.
These 2P sulphides form the current mining feed for the FP....about 3.5 years @950,000 tons per year.
There are more than that in the M &I categories but these are not yet considered of sufficient sampling density to convert to Mineable..ie 2P.
by nozzpack
Very welcomed good news NYBob.
Q422 Production Forecast at 5000 ounces
This estimate comes from the June22 FRR Analyst report in which F22 annual production was forecast at 10,066 ounces.
As that report was done in consultation with Monument management, it's forecast for Q4 should have solid basis
For the first 9 months of F2022, we have produced 5149 ounces.
That indicates close to 5000 ounces for Q4...this quarter ending in June 2022.
This is a signifucant gain in production....in fact the most in several years .
The source of this increase in production was almost certainly Peranghi production which was hampered in Q3 due to excess monsoon rains altering the mining benches and covid labor shortage......just 2400 ounces produced.
In Q4/22, those conditions have ameliorated, allowing increased mining of Peranghi pits.
These grades will include substantial proportion of pit grades which average over 1.2 gms/ton.
Recoveries will be of the order of 90 % for such oxide grades.
Going forward, while Q1/23 ( July to Sept ) may be more speculative, there is no reason for them not to continue to produce open pit oxides at Pdranghi, the duration of which will depend on when the Sulphide ore will begin commissioning which is now stated as October .
So, we should have two quarters coming our way in which production should reach about $11 million CAD per quarter and operating margins will be quite good and elevated further because we no longer have to pay out 743 ounces of gold for the streaming deal which ended in Q3/22
Monument Mining Analyst Coverage
https://www.researchfrc.com/company/monument-mining-ltd/
RE:Analyst Coverage
https://www.researchfrc.com/monument-mining-limited-tsxv-mmy-fse-d7q1-gold-producer-trading-below-cash-initiating-coverage/
Working capital of US$33M, with no debt. MCAP of US$25M implies that the market is assigning zero value to its assets.
nozzpack (1869)
User Actions
July 15, 2022 - 09:22 PM
39 Reads
Post# 34828499
RE:RE:RE:RE:Analyst Coverage
It is important to remember that, as a main asset, cash and cash equivalents can be and usually are, signifucantly discounted by the market.
Monument's production rate has been cratering for 7-8 years, with little or no effort made to explore/ develop new sources of oxides at Selinsing or develop Murchisin due to almost all of its working capital
having been wasted on Mengaoher.
The turnaround began in late 2020 through dissenting pressure when Dato came onboard at which time right siding began with the sale of Mengapher, enhanced exploration of Murchison, pit development at Peranghi and monetization of the sulphide resources via the Floatation Plant.
So, we are now a much different company which has passed its nadir but not yet benefiting from the fruit of our capital investment in the FP.
And, in the summer doldrums of PM pricing among other issues.
In short, going from little to report other than pit scraping for the few remaining ounces of oxides, to soon having a strong production profile while retaining a strong debt free balance sheet.
We are not there yet and Cathy et al will be given very little time to demonstrate that they have the chops to move us to fair value.
Insiders residing on the current BOD own nearly 90 million shares.
They are as equally piffed off as us.
Things will change over the next few months
Appears to be some very good potential NYBob.
Monument Mining rating -
https://www.stocktargetadvisor.com/stock/Canada/TSV/MMY
0,32 CAD
Sounds very interesting 0.32 CAD would already be a good step forward let's hope it
goes much higher towards 0.50 CAD
but nice that analysts look at our company and it must now step by step the news still
come behind.
Monument Mining (TSXV:MMY) to process sulphide ore as it seeks potential acquisition
Caroline Egan
https://themarketherald.ca/monument-mining-tsxvmmy-to-process-sulphide-ore-as-it-seeks-potential-acquisition-2022-06-14/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cnews_tab
A processing plant is finalized and almost ready to capitalize on gold resources of
880,000 ounces and reserves of 267,000 ounces at 1.45 grams per tonne.
Drilling at its Murchison Gold Property in Australia is also underway exploring a
historical resource of 644,000 ounces and a recently reported resource of 293,000
ounces.
The company’s latest assay results from drilling include a substaintal grade of
32 grams of gold per tonne over 4.00 metres.
Monument’s main focus is to top up its gold inventory and production capabilities,
as well as evaluate potential acquisition opportunities to enhance shareholder
value. Zhai intends to identify potential targets while at PDAC for future due
diligence.
The company stated it already has interested buyers for its gold concentrate as it
prepares to ramp up production.
This is in line with Zhai’s strong short-term outlook for the price of gold, which she
sees potentially topping out around US$2,000 per ounce from current levels.
Latest News
Monument Receives Royal Visit to the Selinsing Gold Mine in Malaysia
GlobeNewswire June 3, 2022
from the Monument Mining presentation
murchinson , they found visible gold in deep, and Less than 5% of drilling deeper
than 100m
below photo shows
visible gold sighted in RC hole 12BNRC050 at 219m downhole at NOA 1
https://monumentmining.com/site/assets/files/4303/mmy_corporate_presentation-june_2022.pdf
New Report on Monument Mining
Just out .......
https://mcusercontent.com/016f8ca9d605c08aebe85bf54/files/aeae0c99-98cf-64cc-9034-2e29a3bb6ad1/Monument_Mining_June_2022_Initiating.pdf
https://monumentmining.com/investors/presentation/
https://monumentmining.com/
bigone, from the Monument Mining presentation
murchinson , they found visible gold in deep, and Less than 5% of drilling deeper
than 100m
below photo shows
visible gold sighted in RC hole 12BNRC050 at 219m downhole at NOA 1
https://monumentmining.com/site/assets/files/4303/mmy_corporate_presentation-june_2022.pdf
New Report on Monument Mining
Just out .......
https://mcusercontent.com/016f8ca9d605c08aebe85bf54/files/aeae0c99-98cf-64cc-9034-2e29a3bb6ad1/Monument_Mining_June_2022_Initiating.pdf
https://monumentmining.com/investors/presentation/
https://monumentmining.com/
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
Looks very undervalued.
New Report on Monumnt Mining
Just out .......
https://mcusercontent.com/016f8ca9d605c08aebe85bf54/files/aeae0c99-98cf-64cc-9034-2e29a3bb6ad1/Monument_Mining_June_2022_Initiating.pdf
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
All speed ahead!
bigone good NEWS: RE: Delivery of certain long lead flotation equipment anticipated be delayed due to
Shanghai lockdown and worsened world supply chain movement;
Good NEWS: SHANGHAI ENDS DRACONIAN LOCKDOWN — BUT WHY?
WATCH
https://www.bitchute.com/video/yVskJmiyDN4Q/
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
All good things take time.
Monument Mining (TSXV:MMY) receives significant results from Murchison Gold
Project Mining
TSXV:MMY $37.54M
Azuka Onwuka
azuka.onwuka@themarketherald.ca
30 May 2022 16:30 (EDT)
https://themarketherald.ca/monument-receives-significant-rc-results-from-phase-2-drilling-programat-the-murchison-gold-project-2022-05-30/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cnews_tab
Monument Reports Third Quarter Fiscal 2022 ("Q3 FY2022") Results
V.MMY | 2 hours ago
Gross Revenue of US$6.16 Million
and Cash Cost of US$1,835/Oz
VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) --
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its production and financial results for the third quarter of fiscal 2022 and the nine months ended March 31, 2022. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results).
President and CEO Cathy Zhai commented: “In the third quarter our Murchison Gold Project delivered significant assay results from Phase II RC drilling, these results strengthen our resolve that the NOA structure is highly prospective with the potential to expand and upgrade the existing Mineral Resource, which remains open at depth.”
Cathy Zhai continued, “Q3 gold production was improved, and operations brought in more cash with a lean profit margin. It is expected that production continues to be volatile at the end of oxide life of mine. All in sustaining costs (“AISC”) are trending higher from cutbacks and pre-striping work to get access to residual ore to keep milling before completion of the flotation construction.
“We are focusing on putting the new life of mine into production to resume our revenue level. The Selinsing flotation plant construction reached a 49% completion by the end of Q3 with major progress on the earth works, foundations of reagent building and other flotation areas during the quarter. A delay however of delivery for several long lead items is anticipated primarily due to the Shanghai shut down. Some components are held up at the manufactory in that region and the Shanghai international port. Initial estimated delay may round up to three months”.
https://stockhouse.com/news/press-releases/2022/05/30/monument-reports-third-quarter-fiscal-2022-q3-fy2022-results
Greyerz – We Are Witnessing The Bursting Of A $3 Quadrillion Global Bubble
May 29, 2022
https://kingworldnews.com/greyerz-we-are-witnessing-the-bursting-of-a-3-quadrillion-global-bubble/
Monument Mining; Non Capital Forward Tax Loss Pools..Very Valuable Asset
At June 30, 2021, the Company has non-capital loss carryforwards for tax
purposes that are available to reduce future taxable income in Canada of
$44.11 million US ( $ 55 million in CAD ).
These tax loss pools are worth their weight in Gold, as they will protect future
taxable incomes from Sulphide production for many years.
That is, future cash flows will become free cash flows which will be reported as
unencumbered net income.
From a valuation perspective, these non capital forward tax loss pools in their
effect of substantially enhancing future net earnings, will not only increase the
absolute net earnings per peer valuation multiple but will also rapidly insulate and
de risk the balance sheet with robust incoming cash additions .
In short, the heavens are unfolding here with very profitable outcomes for
shareholders ..
by nozzpack
Is A Historic Bull Market In The Mining Shares About To Begin?
https://kingworldnews.com/is-a-historic-bull-market-in-the-mining-shares-about-to-begin/
Monument Mining Ltd. Hard Book. value
Cash, inventory , PPE depreciated at cost less liabilities amount to $65 million US
or about $80 million in CAD.$ ( $0.25 cad per share)
Exploration and Evaluation ( essentially ounces of gold in 43-101 ) is valued at $60
million US or about
$75 million in cad ( $0.22 CAD per share )
Total net asset value is $155 million CAD which is about $0.47 CAD per share.
You May quibble about the E and E valuation , with arguments a bit above or a bit
below , but it would be difficult to offer less than 40 cents in any going private offer
for the company..
Have a great holiday weekend
Nozzpack
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Peter Grandich: The Most Bullish Precious Metals Setup in my 38-Year Career
https://www.youtube.com/watch?v=Es3xDW5NaUE
Monument Reports Third Quarter Fiscal 2022 ("Q3 FY2022") Results
V.MMY | 2 hours ago
Gross Revenue of US$6.16 Million
and Cash Cost of US$1,835/Oz
VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) --
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its production and financial results for the third quarter of fiscal 2022 and the nine months ended March 31, 2022. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results).
President and CEO Cathy Zhai commented: “In the third quarter our Murchison Gold Project delivered significant assay results from Phase II RC drilling, these results strengthen our resolve that the NOA structure is highly prospective with the potential to expand and upgrade the existing Mineral Resource, which remains open at depth.”
Cathy Zhai continued, “Q3 gold production was improved, and operations brought in more cash with a lean profit margin. It is expected that production continues to be volatile at the end of oxide life of mine. All in sustaining costs (“AISC”) are trending higher from cutbacks and pre-striping work to get access to residual ore to keep milling before completion of the flotation construction.
“We are focusing on putting the new life of mine into production to resume our revenue level. The Selinsing flotation plant construction reached a 49% completion by the end of Q3 with major progress on the earth works, foundations of reagent building and other flotation areas during the quarter. A delay however of delivery for several long lead items is anticipated primarily due to the Shanghai shut down. Some components are held up at the manufactory in that region and the Shanghai international port. Initial estimated delay may round up to three months”.
https://stockhouse.com/news/press-releases/2022/05/30/monument-reports-third-quarter-fiscal-2022-q3-fy2022-results
Greyerz – We Are Witnessing The Bursting Of A $3 Quadrillion Global Bubble
May 29, 2022
https://kingworldnews.com/greyerz-we-are-witnessing-the-bursting-of-a-3-quadrillion-global-bubble/
Monument Mining; Non Capital Forward Tax Loss Pools..Very Valuable Asset
At June 30, 2021, the Company has non-capital loss carryforwards for tax
purposes that are available to reduce future taxable income in Canada of
$44.11 million US ( $ 55 million in CAD ).
These tax loss pools are worth their weight in Gold, as they will protect future
taxable incomes from Sulphide production for many years.
That is, future cash flows will become free cash flows which will be reported as
unencumbered net income.
From a valuation perspective, these non capital forward tax loss pools in their
effect of substantially enhancing future net earnings, will not only increase the
absolute net earnings per peer valuation multiple but will also rapidly insulate and
de risk the balance sheet with robust incoming cash additions .
In short, the heavens are unfolding here with very profitable outcomes for
shareholders ..
by nozzpack
Is A Historic Bull Market In The Mining Shares About To Begin?
https://kingworldnews.com/is-a-historic-bull-market-in-the-mining-shares-about-to-begin/
Monument Mining Ltd. Hard Book. value
Cash, inventory , PPE depreciated at cost less liabilities amount to $65 million US
or about $80 million in CAD.$ ( $0.25 cad per share)
Exploration and Evaluation ( essentially ounces of gold in 43-101 ) is valued at $60
million US or about
$75 million in cad ( $0.22 CAD per share )
Total net asset value is $155 million CAD which is about $0.47 CAD per share.
You May quibble about the E and E valuation , with arguments a bit above or a bit
below , but it would be difficult to offer less than 40 cents in any going private offer
for the company..
Have a great holiday weekend
Nozzpack
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Peter Grandich: The Most Bullish Precious Metals Setup in my 38-Year Career
https://www.youtube.com/watch?v=Es3xDW5NaUE
Monument Mining; Non Capital Forward Tax Loss Pools..Very Valuable Asset
At June 30, 2021, the Company has non-capital loss carryforwards for tax
purposes that are available to reduce future taxable income in Canada of
$44.11 million US ( $ 55 million in CAD ).
These tax loss pools are worth their weight in Gold, as they will protect future
taxable incomes from Sulphide production for many years.
That is, future cash flows will become free cash flows which will be reported as
unencumbered net income.
From a valuation perspective, these non capital forward tax loss pools in their
effect of substantially enhancing future net earnings, will not only increase the
absolute net earnings per peer valuation multiple but will also rapidly insulate and
de risk the balance sheet with robust incoming cash additions .
In short, the heavens are unfolding here with very profitable outcomes for
shareholders ..
by nozzpack
Is A Historic Bull Market In The Mining Shares About To Begin?
https://kingworldnews.com/is-a-historic-bull-market-in-the-mining-shares-about-to-begin/
Monument Mining Ltd. Hard Book. value
Cash, inventory , PPE depreciated at cost less liabilities amount to $65 million US
or about $80 million in CAD.$ ( $0.25 cad per share)
Exploration and Evalustin ( essentially ounces of gold in 43-101 ) is valued at $60
million US or about
$75 million in cad ( $0.22 CAD per share )
Total net asset value is $155 million CAD which is about $0.47 CAD per share.
You May quibble about the E and E valuation , with arguments a bit above or a bit
below , but it would be difficult to offer less than 40 cents in any going private offer
for the company..
Have a great holiday weekend
Nozzpack
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Peter Grandich: The Most Bullish Precious Metals Setup in my 38-Year Career
https://www.youtube.com/watch?v=Es3xDW5NaUE
By nozzpack (1944) May 27, 2022 - 06:55 AM
RE:Dato Sia Hok Kiang owns 55 million shares
Dato remains active and currently is Chairman of an ASX listed company , knows
Western Australia and its mineral companies like the back of his hand and is also
adjunct Professor of Malay University due to his special knowledge of alluvial
mining
His history is that of a person who succeeds at whatever project he puts his hand
on and remains intimately involved with the Malay and SE Asia mining
community.
Owing 55 million shares and his hand clearly visible in new and activated projects
currently expressed in our mining portfolio , he has what it takes to succeed once
again with Monument.
No need to remind ourselves that Monument holds what is perhaps the most
attractive undeveloped gold tenements in Western Australia, within a rapidly
diminishing choice of such TO assets.
----
Is A Historic Bull Market In The Mining Shares About To Begin?
https://kingworldnews.com/is-a-historic-bull-market-in-the-mining-shares-about-to-begin/
Monument Mining Ltd. Hard Book. value
Cash, inventory , PPE depreciated at cost less liabilities amount to $65 million US
or about $80 million in CAD.$ ( $0.25 cad per share)
Exploration and Evalustin ( essentially ounces of gold in 43-101 ) is valued at $60
million US or about
$75 million in cad ( $0.22 CAD per share )
Total net asset value is $155 million CAD which is about $0.47 CAD per share.
You May quibble about the E and E valuation , with arguments a bit above or a bit
below , but it would be difficult to offer less than 40 cents in any going private offer
for the company..
Have a great holiday weekend
Nozzpack
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Peter Grandich: The Most Bullish Precious Metals Setup in my 38-Year Career
https://www.youtube.com/watch?v=Es3xDW5NaUE
bigone thank you and I also really Hope that you and yours are having a nice
Memorial weekend, and that over the coming months Monument will have many
excellent news.
I found this message;
By Gazoo2021 (179)
May 26, 2022 - 08:13 PM
Dato Sia Hok Kiang owns 55 million shares of Monument;
Biography
Dato’ Sia Hok Kiang, Excecutive Chairman of Malaco Mining Sdn Bhd, is an
economic geologist and a successful miner with 32 years of mining and
exploration experience. Dato’ Sia has worked in many mining and exploration
projects in Peru, Brazil, Ecuador, Venezuele, Guyana, USA, Canada, Central
Africa, Mongolia, Australia, Indonesia, Cambodia and Malaysia.
He is a hands-on man and is familiar with the formation and distribution of mineral
deposits, and the economics of mining projects.
Besides being a Council Member of the Malaysian Chamber of Miners and the
member of the Malaysian Geological Society, Dato’s Sia is actively advising the
Department of Mineral and geoscience of the Malaysia Ministry of Natural and
Environment of matters relating to economic gelogy.
Research Interest
Natural and Environment of matters relating to economic geology, Geoscience
Gazoo2021 (179)
May 26, 2022 - 12:43 PM
Best Way Forward
Dear Fellow Shareholders
Dato with his 55 million shares has the hammer.
Not only is his money at stake, but his reputation as an astute business person
and mining professional are at play.
Like us, he has observed the dung show and like us he must be saying WTF.
No news releases, no updates, missed promotional opportunities and a lack of
interest in the share price or valuation.
How long can Dato tolerate this management infectiveness to lead this corporation
while taking in substantial wages.
He and us deserve better and based on his capabilities we will changes.
I continue to accumulate, as this is so undervalued due to our present executive.
The best way forward includes Dato leading on his and our behalf.
Thanks for sharing NYBob. We really appreciate it.
bigone Watch; Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Is A Historic Bull Market In The Mining Shares About To Begin?
https://kingworldnews.com/is-a-historic-bull-market-in-the-mining-shares-about-to-begin/
Monument Mining Ltd. Hard Book. value
Cash, inventory , PPE depreciated at cost less liabilities amount to $65 million US
or about $80 million in CAD.$ ( $0.25 cad per share)
Exploration and Evalustin ( essentially ounces of gold in 43-101 ) is valued at $60
million US or about
$75 million in cad ( $0.22 CAD per share )
Total net asset value is $155 million CAD which is about $0.47 CAD per share.
You May quibble about the E and E valuation , with arguments a bit above or a bit
below , but it would be difficult to offer less than 40 cents in any going private offer
for the company..
Have a great holiday weekend
Nozzpack
Peter Grandich: The Most Bullish Precious Metals Setup in my 38-Year Career
https://www.youtube.com/watch?v=Es3xDW5NaUE
Monument Mining Hard Book. value
Cash, inventory , PPE depreciated at cost less liabilities amount to $65 million US
or about $80 million in CAD.$ ( $0.25 cad per share)
Exploration and Evalustin ( essentially ounces of gold in 43-101 ) is valued at $60
million US or about
$75 million in cad ( $0.22 CAD per share )
Total net asset value is $155 million CAD which is about $0.47 CAD per share.
You May quibble about the E and E valuation , with arguments a bit above or a bit
below , but it would be difficult to offer less than 40 cents in any going private offer
for the company..
Have a great holiday weekend
Nozzpack
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Peter Grandich: The Most Bullish Precious Metals Setup in my 38-Year Career
https://www.youtube.com/watch?v=Es3xDW5NaUE
Hopefully soon than later the market will realize the full current value of the company.
RE:Great Investment!
New flotation plant should be starting it`s dry runs in as little as 2 weeks .
I really hope they make some effort to keep us updated .
This is going to get pretty exciting .
Along wait but maybe we`re finally going to catch a break .
I think so .
Inflation is wicked now . It will be good for gold . That`s for a different post .
by Wayne
$In GOD We Trust - Real Money - AU Safety 6000yrs
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
Monument Mining Ltd. RE:Murchison Mill
Quickly perused some of the recent Gold PEAs and FS and while it's difficult to find a
close proxy to a
1 million ton plant and mill, a value of $150 million US would a very low cost to
replace our well maintained Selinsing gold plant.
Add the Floatation Plant which I figure would .....one year removed..now cost $25 +
million US to build, and in $ CAD, we have about $200 million CAD plus or minus
$50 million in asset value for our Selinsing gold plant complex
by Nozzpack
$In GOD We Trust - Real Money - AU Safety 6000yrs
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
Monument Mining Great Investment!
Not only do we have a mills, we have ore bodies, mining permits and an efficient workforce to go with the mills and infrastructure.
Dato, being a diplomatic astute mining executive, has to be considering the best options for Monument Mining.
Graham will retire, Cathy will return to the role of CFO and a new competent CEO is coming.
This is the missing parts to propel Monument Mining into a new leaque.
Or a hostile offer from Westgold is coming real soon.
I continue to accumulate more shares, as in the present stock markets, this investment will triple and possibly go ten fold.
For the record, at the end of December 2021, went to a 60% cash position for my investments, maintaining and accumulating MMY and holding Barrick. Recently starting purchasing some Power Corp, Arena Lithium and BP and plan on re deploying the full cash position, by mid June.
One item is for sure, MMY at these prices will not be available in the near future (30 days).
Grab some popcorn and enjoy the show.
by Gaszoo\\
$In GOD We Trust - Real Money - AU Safety 6000yrs
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https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
God Bless
Monument Mining Ltd. Great Investment!;
Of course we are all waiting for that MMY will be a 10 bagger
before too long .
I have to say I don`t know anything about Dato` except that he is very busy with
his own business . I can only guess that he is thinking we already have the right
person holding the purse strings . Why would he want to replace somebody who`s
doing a great job ? I don`t think he does .
I am starting to sound like a broken record but be careful what you wish for .
We already have the right person in charge .
Also I have always believed that Bitcoin has siphoned off the majority of
money that used to go into junior miners ..
Recently at the Berkshire annual meeting both Buffet and Charlie Munger really
trashed Bitcoin . Bitcoin has been in the down spiral ever since . The little guys
are all getting cleaned out .
They will soon start to return to gold .
With the way the world is going gold is pretty soon going to become the best
investment option . MMY is in the right place at the right time .
by Wayne
Monument Mining Ltd. Moving Murchison upstream plant equipment]
So, when the Floatation plant begins commissioning , the oxide mill goes offline
because the upstream processing equipment ( Crusher and Grinder, Ball mill ) will
be entirely taken up with hard rock mining sukphide ore needed by the Floatation
plant.
That, to me, is unacceptable as mining sulphides could add years to the Floatation
Plant.
Adding the Biox conversion to oxides won't help if the mill is still fully used by
sulphide head ore.
Biox would cost another $35 million US which we don't have and we would still
have just a single revenue stream
So, re a second revenue stream....oxide mining of Peranghi..we have two options
for the unused 1 million ton oxide mill.
1.....purchase and install the upstream processing equipment necessary so that
our oxide ore can be processed by the oxide mill
2...Remove and transport the necessary equipment from the idle Murchison mill
Cost/ Benefit analyses needs to be done so that the best ROC can be
economically determined.
Option 1 might be more desirable , as the Murchison equipment may not have 1
million ton crushing/ grinding .
However, it might have sufficient capacity for 10,000- 15,000 ounces per year as
an interim solution for
the mixtures of low grade halo gold and open pit gold grades observed and
forecast for Peranghi open pit mining.
Allowing our well equipped and efficient oxide mill at Selinsing to sit unused for a
pentade or even a decade, while we have and are defining a economic oxide
resource at Peranghi capable of adding a second revenue stream is not my idea
of full optimization of our Selinsing gold asset.
This is another item that can be added to the Agenda of the 2022 AGM, if you
concur with my observations
by nozzpak at Sth.
yes 0.00 (0.00%)
Volume: 43,501
Day Range: 0.12 - 0.13
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mick on Monument Mining Ltd. New Plant
Dry commissioning of the new flotation plant and associated equipment is
scheduled to start from June 1st, 2022 onwards.
The CIL plant will continue operation until June 30th, 2022.
Tie-in and wet commissioning of the flotation plant will commence on July 1st,
2022 and continue to July 14th, 2022.
Ore commissioning is expected to start on July 15th, 2022.
The gold remaining in circuit will be recovered by emptying the leach and CIL
tanks of slurry and bagging the harvested carbon for subsequent elution.
The elution circuit will continue to operate for around a month after the CIL plant
shutdown.
Just a friendly reminder on a very cold , snowy , late April day . Something to
warm up a die hard MMY fan up .
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Monument Mining Share Price
Dear Friends
Our share price is heading North, increasing on a weekly basis, because this is great investment.
For many years our share price has been equal to cash on hand providing us $0 valuation for our core assets.
Our Selinsing Mill Project is being completed on schedule in a highly efficient process and start of production is 2 months away.
Our Australia assets are desired by Westgold and they have recently noted 100 million for strategic purchases.
Our Austalian mill has received a new crusher and is being modified to increase capacity from 260,000 to 500,000 TPA.
Our Odyssey Gold property has proven to be a great exploration property with tremendous potential.
I continue to purchase shares everyday, up until $.15 a share.That would be a 24% increase from todays $.12 a share price and a 66% increase from my starting point of $.10 a share.
This risk reward potential of this investment is tremndous considering we have $.10 in cash, our corporate balance sheet assets has a valuation $.30 a share.
Add increased forthcoming profits , increased forthcoming cash flow and the potential of a hostile offer and for this reason I continue to accumulate.
My target remains $.30 a share by the time our AGM meeting is held.
by Gazoo
http://www.monumentmining.com
Global Fiat Failure And The Coming Panic Into Gold & Silver
April 14, 2022
https://kingworldnews.com/global-fiat-failure-and-the-coming-panic-into-gold-silver/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168506668
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
bigone RE: Selinsing Mill
Dear Friends
Facts about Selinsing property from 2021 Financial Statements
Acquisition in Cash 17,234 17,035
Buildings, Plant & Equipment 35,399 1,854
Mine Development 20,942 1,577
Exploration 31,924 15,132
Total 105,439 35,598
As can be seen, 35 million was spent in 2010 on the mill.
That initial mill expense is written off the books through depreciation.
Now for the fun facts.
As everything doubles in costs every 10 years.
The Selinsing Mill, first phase would cost 60 million to build and the present Phase would cost substantially more.
The company has 30 million in cash+- and indicates $110 million +- in total assets.
The true value of the Selinsing Mill alone is $110 million +- or $.30 a share.
Keep in mind the feasibility study for this project was based on a gold price of $1,300.00.
The balance of the Selinsing assets are also worth considerably more today then it indicates on the books.
Enjoy your $.12 a share, as real soon that will be a distant past.
This is only one item that I consider as I continue to accumulate shares.
by Gazzo
https://monumentmining.com/site/assets/files/4293/mmy_corporate_presentation-march_2022.pdf
https://monumentmining.com/news-media/photo-gallery/
Russia and China’s plan to reintegrate gold and silver as money
Play Video Play
https://www.brighteon.com/03e0bafb-afe4-4d32-9030-035345eaca2f
BREAKING_ SECOND EXCLUSIVE TRAILER— SHOWS HOW THE 2020 ELECTION WAS RIGGED AND STOLEN
WATCH
https://www.bitchute.com/video/aYW7YgY3HWbv/
Trump said Russia and Ukraine should 'figure out' a solution 'now — not later — when everyone will be DEAD!'
Lauren Frias Apr 18, 2022, 7:41 PM
https://www.businessinsider.com/trump-said-russia-and-ukraine-should-figure-out-a-solution-2022-4
Thanks NYBob! Here is GREAT interview with Cliff High. A ton of stuff covered....
World Economic Forum a Failing Criminal Organization – Clif High
https://rumble.com/v1212q4-world-economic-forum-a-failing-criminal-organization-clif-high.html
https://2000mules.com/
https://www.rsbnetwork.com/video/president-donald-trump-rally-live-in-delaware-oh-4-23-22/
God Bless
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
3,285 viewsMar 21, 2022
Swiss Resource Capital AG
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Monument Mining Share Price
Dear Friends
Our share price is heading North, increasing on a weekly basis, because this is great investment.
For many years our share price has been equal to cash on hand providing us $0 valuation for our core assets.
Our Selinsing Mill Project is being completed on schedule in a highly efficient process and start of production is 2 months away.
Our Australia assets are desired by Westgold and they have recently noted 100 million for strategic purchases.
Our Austalian mill has received a new crusher and is being modified to increase capacity from 260,000 to 500,000 TPA.
Our Odyssey Gold property has proven to be a great exploration property with tremendous potential.
I continue to purchase shares everyday, up until $.15 a share.That would be a 24% increase from todays $.12 a share price and a 66% increase from my starting point of $.10 a share.
This risk reward potential of this investment is tremndous considering we have $.10 in cash, our corporate balance sheet assets has a valuation $.30 a share.
Add increased forthcoming profits , increased forthcoming cash flow and the potential of a hostile offer and for this reason I continue to accumulate.
My target remains $.30 a share by the time our AGM meeting is held.
by Gazoo
http://www.monumentmining.com
Global Fiat Failure And The Coming Panic Into Gold & Silver
April 14, 2022
https://kingworldnews.com/global-fiat-failure-and-the-coming-panic-into-gold-silver/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168506668
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
This is great to hear. Thank you.
Monument Mining Share Price
Dear Friends
Our share price is heading North, increasing on a weekly basis, because this is great investment.
For many years our share price has been equal to cash on hand providing us $0 valuation for our core assets.
Our Selinsing Mill Project is being completed on schedule in a highly efficient process and start of production is 2 months away.
Our Australia assets are desired by Westgold and they have recently noted 100 million for strategic purchases.
Our Austalian mill has received a new crusher and is being modified to increase capacity from 260,000 to 500,000 TPA.
Our Odyssey Gold property has proven to be a great exploration property with tremendous potential.
I continue to purchase shares everyday, up until $.15 a share.That would be a 24% increase from todays $.12 a share price and a 66% increase from my starting point of $.10 a share.
This risk reward potential of this investment is tremndous considering we have $.10 in cash, our corporate balance sheet assets has a valuation $.30 a share.
Add increased forthcoming profits , increased forthcoming cash flow and the potential of a hostile offer and for this reason I continue to accumulate.
My target remains $.30 a share by the time our AGM meeting is held.
by Gazoo
http://www.monumentmining.com
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
big one thanks;
Gazoo2021 (153)
User Actions
April 11, 2022 - 09:42 AM
129 Reads
Post# 34593258
What We Have
3% Royalty on Megapur.
20% of Odyssey Gold, Murchison gold find.
Permits and agreements to mine in Malaysia.
Oxide and Sulfide Mill and Mine Site in Malaysia.
Permits and agreements to mine in Austarlia
Oxide mill and mine site with camp in Australia.
Million ounces of gold.
25 million in cash with no debt. )
All for a big fat zero.
Westgold wants this, an offer is coming and we want to sell to Westgold.
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
76 viewsMar 21, 2022
Monument Mining RE:True Value of MMY
You can short the shares or buy the shares.
Is the future cash flow and profitability going up, you buy.
if it's going down, you short..
If the assets are valued at $0, you buy.
If the share price far exceeds the value of the assets, you short.
At $.105 a share, with all our assets and a new major shareholder,
I'm averaging down.
I have started adding to my MMY position with my eyes wide open.
These assets in this present inflationary environment would cost several
hundred of million dollars to replace.
I look forward to an offer, as we have key assets that are worth lots, the
real question is how much?
by Gazoo
RE:RE:True Value of MMY
You are right on and now is the time to buy . I don`t think anybody
who is informed would be foolish enough to short .
by Wayne
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
Thanks so much for the information NYBob.
True Value of MMY
Dear Friends
Rule of thumb, everything doubles in cost every ten years.
Vehicles, Homes, Commodities, Labour Costs double every ten years.
Most share prices have doubled every ten years.
What is the true value of MMY.
The mill and camp have doubled in value in the last 10 years.
The gold reserves within the mining leases have doubled in value.
The mill at Selinsing has doubled in value.
The gold reserves within the mining leases have doubled in value.
The costs to replace these assets today would be several hundred million dollars.
Our shares were worth $.50 more then 10 years ago, doubling of our share price would be $1.00 a share.
Dato being a long term knowlegeable investor bought 55 million shares for a good reason.
Soon, we will see either a deal with West Gold that Dato and us would support, or our senior executive will get the boot.
For these reasons we continue to hold, as the present valuation is crazy low.
by Gazoo
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
$bigone 51 meters of 3.84 gms per ton
Lots of high grade gold below then thar Selinsing pits...
Drilling up to 250 meters below the Selinsing and B Reef pits in 2011-12
found extensive high grade sulphide gold all over the place......not
surprising as every open pit oxidized gold resource has its source in
hard rock sulphides in the basement .
So we are well placed to continue hard rock ( sulphide ) mining decades
or more after the current shallow sulphides exposed by historical oxide
mining are processed by the Floatation plant ..
Deep drilling below Selinsing pits 2011-12. 51 metres at 3.84 gms /ton
https://monumentmining.com/news-media/news/2012/monument-intercepts-3.84-g-t-gold-over-51-metres-in-selinsing-drilling/
These drill results are very positive and show us that at a further 220 metres below the current pit the mineralization is continuing. Together with our recen
As presented in the table 1 in this news release,
MSMDD35 (51m at 3.84 g/t gold from 159.5 to 210.5m),
MSMDD025 (65m at 3.09 g/t gold from 157.10m to 222.1m)
and MSMCD017 (64.58m at 2.91 g/t gold from 188.65m to 253.23m)
partially define a new high grade ore pod below the current pit bottom.
This ore pod needs additional drill tests to determine its full extent.
These drill results demonstrate that gold mineralization at the
Selinsing Deposit continues at depth along an east-dipping structural
zone.
It is hosted in cataclasite and mylonite rocks with weak to moderate
gold-bearing quartz veins and quartz stockwork veinlets.
Ores exposed in the current Pit 4 bottom are mostly “fresh” or sulfide-
bearing rock and are currently being processed through the plant.
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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https://www.kitco.com/images/live/silver.gif?0.8344882022363285
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168456266
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
NYBob thanks so much for sharing this with us.
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
76 viewsMar 21, 2022
Major events seem to be happening more quickly.
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