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.
3 # Views - Click to view600 Comment User Avatar Image (131) ••• 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
Company Profile & Information (TSXV:MMY) Contact Information Address 1100 Melville Street, Suite 1580, Vancouver, BC, CA, V6E 4A6 Telephone +1 604 638-1661 Website http://www.monumentmining.com Fax +1 604 638-1663 Email info@monumentmining.com Details CEO Cathy Zhai
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