AI
Monument Mining Ltd Q3 Next Week -
That's based on 2022 when Q3 was released on May 30.
It will be a signifucant NR as we shall get critical updates on the early performance of the
new FP from which we will be able to judge Q4 going forward.
Floatation Plants are fairly simple equipment which after commissioning debugging tends to
run smoothly for years .
As we have a very competent plant operations staff, I don't foresee much in the way of
operating problems.
Based on documented FP production of Concentrate in Q3 plus what they might sell from finished gold ingots in the Inventory, I see about $10 million in Q3 revenues which will be greatest revenues in many a year.
As such, Q3 should give the share price it's first bump up in in Quite a while..
By nozzpack
Gold & Silver is GOD'S Money -
Monument Mining Ltd RE: New ALL IN Cost Monument Mining -
There is only one real and accurate Breakeven cash cost for gold producers.
That is the Total Production Cost.(TPC ) Neither Cash Cost nor AISC.....despite its
name...fully describe All In.
This is the real All In .
Cash flows in excess of Breakeven = TPC go straight to the cash position as free cash
flows.
The 2019 report estimated TPC at $1100.
The FR report estimated TPC at $1300 so your numbers are very close to those two
numbers.
Inflation is modest in Malaysia and Cathy / mining crew have increased operating
efficiencies quite a bit since 2019 .
So we are in good shape and have millions of tax loss pools to offset taxes and a wad of
deferred tax assets that can be cashed in if profitability is expected from the FP plant which
seems almost certain .
All of that cash offers opportunity to expand ore capacity above 1 million TPA to 1.5 TPA
which enables the oxide mill to re open for Peranghi ore plus new oxides being discovered
as part of sulphide mining drilling .
We are on the cusp of lots of exciting developments over the next year which will greatly
reward our patience and our wallets .
by nozzpackon
https://monumentmining.com/investors/presentation/
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171807235
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171583317
Bullish
BULLISH
God Bless
Amen
That's based on 2022 when Q3 was released on May 30.
It will be a signifucant NR as we shall get critical updates on the early performance of the
new FP from which we will be able to judge Q4 going forward.
Floatation Plants are fairly simple equipment which after commissioning debugging tends to
run smoothly for years .
As we have a very competent plant operations staff, I don't foresee much in the way of
operating problems.
Based on documented FP production of Concentrate in Q3 plus what they might sell from finished gold ingots in the Inventory, I see about $10 million in Q3 revenues which will be greatest revenues in many a year.
As such, Q3 should give the share price it's first bump up in in Quite a while..
By nozzpack
Gold & Silver is GOD'S Money -
Monument Mining Ltd RE: New ALL IN Cost Monument Mining -
There is only one real and accurate Breakeven cash cost for gold producers.
That is the Total Production Cost.(TPC ) Neither Cash Cost nor AISC.....despite its
name...fully describe All In.
This is the real All In .
Cash flows in excess of Breakeven = TPC go straight to the cash position as free cash
flows.
The 2019 report estimated TPC at $1100.
The FR report estimated TPC at $1300 so your numbers are very close to those two
numbers.
Inflation is modest in Malaysia and Cathy / mining crew have increased operating
efficiencies quite a bit since 2019 .
So we are in good shape and have millions of tax loss pools to offset taxes and a wad of
deferred tax assets that can be cashed in if profitability is expected from the FP plant which
seems almost certain .
All of that cash offers opportunity to expand ore capacity above 1 million TPA to 1.5 TPA
which enables the oxide mill to re open for Peranghi ore plus new oxides being discovered
as part of sulphide mining drilling .
We are on the cusp of lots of exciting developments over the next year which will greatly
reward our patience and our wallets .
by nozzpackon
https://monumentmining.com/investors/presentation/
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171807235
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171583317
Bullish
BULLISH
God Bless
Amen
Bullish
My opinions are my own and and DD I post should be confirmed as unbiased
