NYBob
2 weeks ago
Monument Mining is showing strong performance -
Hey guys! Monument Mining is showing strong performance as gold prices soar,
yet it remains heavily undervalued at just 1.2x forward EBITDA—an 81% discount
to the sector.
In FY2024, MMY posted record revenue, positive EPS, and a 335% YoY production
increase, with reduced cash costs.
With 700K oz still available at the Selinsing mine, analysts see potential for up
to 14 more years of production.
MMY’s strong cash position, no debt, and planned exploration at the Murchison project
only add to the upside.
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com/
Read the full report by CFA certified analysts here:
https://www.researchfrc.com/content/reports/post/152/record-revenue-eps-turns-positive?fbclid=IwY2xjawGYqlpleHRuA2FlbQIxMAABHSPgSOfTGQyIKZ78yGMoS3JkhvbXs3_lcq1g9jXnBagOgyc3GpBftPRK-Q_aem_SDhyHioII8GMwDCLHe4oRwhttps://www.researchfrc.com/content/reports/post/152/record-revenue-eps-turns-positive?fbclid=IwY2xjawGYqlpleHRuA2FlbQIxMAABHSPgSOfTGQyIKZ78yGMoS3JkhvbXs3_lcq1g9jXnBagOgyc3GpBftPRK-Q_aem_SDhyHioII8GMwDCLHe4oRw
NYBob
4 weeks ago
Very Very Substantial Drilling News from ODY
Remember that these deposits are orogenic in origin...Quartz veins and stockworks ( vein swarms ).
All of the orogenics that I am aware of locally,,.V Lake and Queensway of NFG have gold nodes at
1000 meters or deeper.
Not too far from Turkie is the best known orogenic gold mine.
It took them nearly 75 years but about 8 years ago they discovered the 2 ounce per ton Eagle and
Swan nodes of Fosterville which made many of us rich.....owning Kirkland Lake.
So very high probability is on our side that gold discoveries at Turkie deeps will reach 1000 meters or
more....and this applies to other of our Murchison deposits.
None of these have been drilled deeper than 150 meters .
So , hold tight hand buy on weakness,,
Comment by nozzpackon Oct 24, 2024 4:18pm
9 Views Post# 36280927
Joint Venture Partner Ody
https://stocknessmonster.com/announcements/ody.asx-6A1222188/
Stock Screener: Ep. 431: Monument Mining (MMY.V): Spectacular Grades
https://www.youtube.com/watch?v=iDpc8GK2EdM&t=4s
NYBob
2 months ago
Monument Reports Fourth Quarter and Fiscal 2024 Results
September 30 2024 - 11:00AM
https://ih.advfn.com/stock-market/TSXV/MMY/stock-news/94634735/monument-reports-fourth-quarter-and-fiscal-2024-re
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its annual financial results for the year ended June 30, 2024 (“Fiscal 2024” or “FY 2024”). All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results).
Cathy Zhai, the President and CEO commented, “Fiscal year 2024 was a remarkable year for the Company. The gold production generated $51.42 million gross revenue with net earnings of $6.44 million, or $0.02 per share contrary to net loss of ($6.27) million, or ($0.2) per share last year. $14 million cash flow with $10.86 million on hand and a healthy working capital of $20.55 million has turned around the Company to a much stronger financial position. The operation is sustainable and we are ready to move forward with further corporate development.”
Ms. Zhai further added: “The Company is assessing the potential production restart at the Murchison Gold Project while gold prices are at record high, and capitalizing its effort on resource expansion, market growth and returning to our shareholders.”
Fiscal Year 2024 Highlights:
Heathy cash flow, stable production: a net cash of $14.39 million generated from FY 2024 production compared to $0.12 million in FY 2023, increasing the cash balance to $10.86 million as of FY 2024 from $5.96 million at of FY 2023.
Working capital increased 109% to $20.55 million at the end of FY 2024 from $9.82 million at the end of FY 2023
Net profit positive: $6.44 million for FY 2024, or $0.02 per share, compared to a net loss of $6.27 million for FY 2023, or ($0.02) per share;
Significant increase in gross margin by 14 times: $24.83 million for FY 2024 compared to $1.75 million in FY 2023;
2024 production performance:
31,542 ounces of gold produced (FY 2023: 10,775 ounces);
30,713 ounces of gold sold at a record average realized price of $2,116 per ounce for gross revenue of $51.42 million (FY 2023: 7,060 ounces sold at an average realized price of $1,824 per ounce for gross revenue $12.39 million);
Cash cost per ounce sold of $866 per ounce (FY 2023: $1,507 per ounce);
A decrease of 32% in all in sustaining cost to $1,173/oz in FY 2024 compared to $1,722/oz in FY 2023.
Fourth Quarter Production Highlights:
Gold concentrate production improved during the three months ended June 30, 2024 (“Q4 FY2024”), with a total of 12,003 ounces of gold produced;
10,413 oz gold sold at an average realized price of $2,295/oz for $18.60 million (Q4 FY2023: 1,910 oz gold sold for $3.18 million in total including 1,148 oz at $1,949/oz for $1.74 million from gold concentrate sales and 762 oz at $1,883/oz for $1.44 million from gold bullion sales);
Cash cost per ounce for gold concentrate sold at $842/oz (Q4 FY2023: $917/oz);
AISC decreased to $1,183/oz (Q4 FY2023: $1,567/oz).
Fourth Quarter and Fiscal Year 2024 Production and Financial Highlights
https://ih.advfn.com/stock-market/TSXV/MMY/stock-news/94634735/monument-reports-fourth-quarter-and-fiscal-2024-re
GOD BLESS
Freddy1989
2 months ago
wow Great work)
Fourth Quarter Production Highlights:
Gold concentrate production improved during the three months ended June 30, 2024 (“Q4 FY2024”), with a total of 12,003 ounces of gold produced;
10,413 oz gold sold at an average realized price of $2,295/oz for $18.60 million (Q4 FY2023: 1,910 oz gold sold for $3.18 million in total including 1,148 oz at $1,949/oz for $1.74 million from gold concentrate sales and 762 oz at $1,883/oz for $1.44 million from gold bullion sales);
Cash cost per ounce for gold concentrate sold at $842/oz (Q4 FY2023: $917/oz);
AISC decreased to $1,183/oz (Q4 FY2023: $1,567/oz).
https://ceo.ca/[@ userid=2024]-results
NYBob
6 months ago
Wow, What statements from BASHERS again -
When are you a real mining company did you realize that $MMTMF / $MMY is selling gold every quarter and
increasing their production? almost 9000 ounces -
but around 9000 ounces per quarter; you are of course not a real gold mining company
There will probably be no further dilution
Who said I was talking about Australian penny stocks?
What you don't understand is that management does what it wants, it doesn't care what you want -
that's always been the case.
The current focus is on ramping up Selinsing
the company has been in production since 2009 long enough to sell gold for a “real mining” company.
But you will also learn that you don't achieve anything with these activist wishes,
you do it in other ways to get ahead with MMY, which has been done.
1,000th Gold Bar Produced at Selinsing Gold Mine - October 2019
https://monumentmining.com/videos/
$Monument Reports Third Quarter Fiscal 2024 (“Q3 FY2024”) Results
May 28, 2024, News Release
View PDF
Revenue of US$14.91 Million and Cash Cost of US$882/Oz
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (MMTMF) “Monument” or the “Company” today announced
its third quarter of fiscal 2024 production and financial results for the three and nine months ended March 31, 2024.
All amounts are expressed in United States dollars (“US$”) unless otherwise indicated
(refer to www.sedar.com for full financial results).
https://monumentmining.com/news-media/news/2024/monument-reports-third-quarter-fiscal-2024-q3-fy2024-results/
https://monumentmining.com/videos/
https://monumentmining.com/news-media/photo-gallery/
We have a solid balance sheet and no debt .
And we have 8,179 ounces of gold concentrate held at Selinsing site in our inventory awaiting sales
....that's about $24 milllion CAD entering our bank account over the next quarter or so.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174422992
Freddy1989
6 months ago
Here are the figures for the other producers so that you can perhaps put this into perspective a little better. Posts here often.
Mako Mining: The Company reported US$0.08 in earnings per share (EPS) during the quarter, while selling 9,267 oz of gold at $1,043 All-In Sustaining Cost ("AISC") ($/oz sold (1) (2)).
Jaguar Mining Gold production for the quarter was 16,177 ounces with 15,692 gold ounces sold, at cash operating costs¹ of $1,167 per ounce of gold sold and all-in sustaining costs¹ of $1,608 per ounce of gold sold. Realized gold prices were $2,076 per ounce.
Kinross Gold
Production cost of sales1, 2 of $982 per Au eq. oz. sold and all-in sustaining cost2, 3 of $1,310 per Au eq. oz. sold, both of which are in line with Q1 2023.
Barrick Gold AISC ($/oz)6 1,474 Dollar Q1 2024
Resolute Mining Ltd AISC bei 1.487 USD
Newmont Mining All-In Sustaining Costs (AISC) per ounce of $1,439
Agnico Eagle AISC 1190$/oz USD
Eldorado Gold AISC 1262 US Dollar
Silver Lake Gold AISC 1.522 AUD 998 USD
Sibanye Stillwater AISC 1.335 US$/2Eoz
Robex Resources: Gold production reached 51,827 ounces, at the high end of guidance for the year, with all-in sustaining costs (“AISC”) per ounce of gold sold1 of C$1,285, down 12% from 2022. This is USD 942.77
Westgold Q3 FY24 gold production of 52,100oz Au @ AISC of
$2,492/oz wobei man sagen muss in AUD das sind 1659,22 USD
Evolution Mining Gold production up 15% to 185,252 ounces of gold at a 9.6% lower All-in Sustaining Cost
(AISC)2 of $1,464 per ounce (US$963/oz)3
Northern Star Gold sold totalled 401koz at an AISC of A$1,844/oz (US$1,213/oz)
Monument Mining produced 5,488 ounces of gold (Q3 2023: 2,412 ounces);
- 8,727 ounces of gold sold at a record average realized price of $2,097
Gold production to 19,539 ounces at cash costs of $878 per ounce and AISC of $1,168 per ounce (YTD FY 2023: total of 6,003 ounces of gold
ounces of gold, of which 2,440 ounces from gold concentrate production and 3,563 ounces from gold bullion production at a cash cost
of $1,536 per ounce and AISC of $1,779 per ounce).
NYBob
7 months ago
The more volatility the better - often the higher it will FLY!
IMO!
$Monument Mining: Commercial Production in 2023 Established, More Exploration at Murchison
Swiss Resource Capital AG
30.2K subscribers
https://www.youtube.com/watch?v=i0htmhdglQc&t=1s
Stock Screener: Ep. 389: Leverage With Gold Miners Vs. Bankruptcy Risk
Albert S
https://www.youtube.com/watch?v=CdCiknyBF0k
$Monument Mining Ltd Reports Second Quarter Fiscal 2024 (“Q2 FY2024”) Results
Monument Mining
Thu, Feb 29, 2024, 11:14 PM PST12 min read
https://finance.yahoo.com/news/monument-reports-second-quarter-fiscal-071400503.html
In This Article:
MMTMF
$Monument Mining Monument Mining
Monument Mining
$Revenue of US$11.00 Million and Cash Cost of US$894/Oz
VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its second quarter of fiscal 2024 production and financial results for the three and six months ended December 31, 2023. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results).
Stock Screener: Ep. 390: $Monument Mining (MMY.V): Q2 Fiscal 2024 Earnings
Albert S
6.9K
https://www.youtube.com/watch?v=CO3tsosG0ns
$Monument Mining Ltd ($MMTMF) ($MMY) @ in Toronto, PDAC’s 2024 Convention from March
3-6 in Toronto, Welcome to Booth No. 3050
https://www.monumentmining.com
https://monumentmining.com/news-media/photo-gallery/
https://www.pdac.ca/convention/exhibits/exhibitor-directory#m
$Monument Mining Ltd. 2024 Price Target is now $0.43 US
That would be about $0,55 in CAD..
https://www.marketwatch.com/investing/stock/mmtmf/analystestimates
Comment on this Post
$Monument Announces Update at the Selinsing Gold Mine in Malaysia
Monument Mining
Thu, January 18, 2024 at 9:33 p.m. EST
https://ca.finance.yahoo.com/news/monument-announces-selinsing-gold-mine-023300139.html
19,000 ounces Produced, 15000 ounces Sold
Imagine what this mine will do when fully tuned to capacity ..
tdate, the flotation plant has produced over 16,000 tonnes of concentrates at a grade of 37 grams per tonne gold.
( 16,000 tons times 1.2 ounces per ton = 19,000 ounces valued at $45 m in CAD
Shipments have been made to three separate buyers, and negotiations continue with several potential new customers.
To date, over 12,500 tonnes of concentrate have been delivered to Johor and Port Klang free zones.
( 12500 tons times 1.2 ounces per ton = 15,000 ounces worth $37 million in CAD
Export permits have been renewed with the relevant state authorities as required
. Transport of the latest delivery of 3,500 wet metric tonnes to Port Klang free zone has been completed with vessel to depart in mid-January, 2024.
( 3500 tons times 1.2 ounces per ton = 4200 ounces worth $11 m cad
Sale of a further 3,000 tonnes of concentrate currently available has been finalized, and shipment preparation of the concentrate to the port is in progre
3000 tons times 1.2 ounces per ton = 3600 ounces worth $9 milliin cad
Add it all up.
We are coming along a bit slower than expected but we are well into robust cash flows and increasing our cash balance
by nozzpackon Jan 19, 2024
$Murchison Historical Resources The Murchison portfolio contained historical resources of -
644koz at the time of acquisitions.
Monument is systematically performing all the necessary work to convert and validate these historical
resources into current resources under NI43-101 guidelines.
A breakdown of the historical resources is detailed in the table below
NI 43-101-Indicated Resources 293 koz Au NI 43-101-Inferred Resources 88 koz Au Historical Resources** 644 koz Au
https://monumentmining.com/news-media/news/2023/monument-reports-fourth-quarter-and-fiscal-2023-results-gross-revenue-of-us-12.39-million-and-cash-cost-of-us-917-oz-for-gold/
$Monument Mining Ltd:
Welcome Some good pics from the plants -
https://monumentmining.com/news-media/photo-gallery/
https://investorshub.advfn.com/Monument-Mining-Ltd-MMY-13403
https://monumentmining.com
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com/investors/presentation/
https://monumentmining.com/news-media/news/
$1y Target Est $0.43
https://finance.yahoo.com/quote/MMY.V?p=MMY.V&.tsrc=fin-srch
$Murchison Gold Mine Mill -
https://twitter.com/TrendSpider/status/1764138632695226469
$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs
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$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.
http://www.biblebelievers.org.au/monie.htm
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God Bless
HE'S REALLY NOT JOKING -