Monument Mining Ltd. (MMTMF)

[NYBob]

Gold Could Surge 3500% Overnight..." - Lynette Zang | Gold Silver Price
Bullion News / 8.02K subscribers

https://www.youtube.com/watch?v=gty1IwyBwSE

https://youtu.be/gty1IwyBwSE

BEWARE:
Gov. cabals may confiscate private held gold bullion & coins again -
gold producers shares have not been confiscated in the past and
history often repeat itself -
I prefer to own gold producers shares -
and they can easy increase production from 8hrs - 24hrs./day as
they did in 1930 -
IMO!

RE: Analyst Ratings of Monument Mining
Forecast Cash flow of 8 cents per share for 2023

https://www.marketbeat.com/stocks/CVE/MMY/

Fiscal 23/24 started July 1/23.

I don't know the source of this estimate ...FRC?...but let's take a conservative look at how this might be achieved.

F23/24 concentrate production of 40,000 ounces

Concentrate Price of $1750 US

Breakeven Price $200 US above FS.....ie $1300 US

So, we have 40000 Oz X $450 US per ounce free cash flow = $18 million US in FREE cash flow
which is $24 million in CAD which is 8 cents per share in FREE cash flow.

Cash flow is operating earnings which is gross margin less operating expenses and is signifucantly
higher than FREE cash flow which is gross margin less ALL expenses .

So, using very conservative financial and production metrics , cash flows of 8 cents per share is
eminently doable this first full FP production year of 2023/ 24


Analyst Ratings of Monument Mining
A quick google search has yielded the following information...

Forecast net Earnings of 0.012 for 2023 versus loss of $0.03 in 2022



https://www.barrons.com/market-data/stocks/mmy/research-ratings?countrycode=ca&mod=quotes#subnav



Forecast Cash flow of 8 cents per share for 2023



https://www.marketbeat.com/stocks/CVE/MMY/

One BUY rating but note also that we are up 57% YTD which has got to be one of the best
performers among microcap Juniors.....leaves little doubt that we are on our way , with short consolidations, for the next run up the charts , hopefully to $0.20 by late summer

https://www.marketwatch.com/investing/stock/mmy?countrycode=ca


Burnakura Mill…Making Money While We Wait



Burnakura mill being open to toll milling while we wait for ODY.



Depending on the grade, about 25,000 to 30,000 ounces which should bring in about $5 million cad
per annum and at the same time keeping the mill and camp in full operating mode.



There are several neighbours that might avail of such a service..

The plant is done with the third phase crusher now installed...


Monument Mining Limited (MMY : MMTMF) is a Canada-based gold producer and mining asset developer.



The Company owns and operates the Selinsing Gold Portfolio in Malaysia and the Murchison Gold
Portfolio in Western Australia.



The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia,
comprising the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects .
The mine has about one million ton per annum gold processing CIL plant, which is situated
approximately 158 kilometers (km) north of Kuala Lumpur.
Murchison is located in the Murchison region in Western Australia and comprises the Burnakura,
Tuckanarra, and Gabanintha projects, which are located in the Murchison goldfield of Western
Australia, approximately 40 km southeast of Meekatharra and 765 km northeast of Perth.

The Company owns a producing mine, a producing site with a gold plant and all infrastructure, and a
large prospective land position, covering approximately 382.9 square kilometers.
Monument Mining Ltd:
https://monumentmining.com
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com/investors/presentation/
https://monumentmining.com/news-media/news/



MMY; normaly next week new video and also new presentation. if goldprice more 1900 i think we got
a good cash flow



Gold Legal Tender God's Real Money.
Amen