Monument Mining Ltd. (MMTMF)

[NYBob]

Post by nozzpack on Feb 12, 2023 7:47am
Risk Averse Approach on How to become Wealthy Very Quickly
Very simply, buy MMY below 10 cents.

Risk averse because...
1.....currently trading below cash and liquid investments

2...owns highly valued strategically located Australian Gold deposits proxy valued on its 20%
ownership of ODY ( Odyssey Gold in ASX ...market cap $29 m ) at over $60 million

3....strong growth profile from resumption of gold production of 35000+ ounces from its
Selinsing new Floatation plant......( Fair value estimated at $0.43 per share by recent
analyst report ( https://mcusercontent.com/016f8ca9d605c08aebe85bf54/files/aeae0c99- 98cf-64cc-9034-2e29a3bb6ad1/Monument_Mining_June_2022_Initiating.pdf )

4...Recurring revenue from 1.25% Royalty from Mengapher poly metallic mines

5...Substantial position has been accumulating in the open market since 2019

6.Insider ownership in excess of 30% so management fully aligned with ordinary
shareholders

7..Hard book value of $0.48 per share

8...Very low cash costs due to location and very low G&A operating costs

9...Substantial exploration upside already tangibly demonstrated from its exploration
tenements surrounding its Selinsing mine

10...Showing all signs that it will be taken private soon , with fair value multiples of current
share price.

$20,000 invested now by buying over 200,000 shares below $0.10 should get you at least
$50,000 by exit 2023 on either its growing low cost gold production fundamentals and/or it
being taken private at $0.25 or above.

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Comment by romara on Feb 13, 2023 1:08pm
This the main reason we are here.....It's all in para 7 7..Hard book value of $0.48 per share ..... Richard

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