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Alles im Lot nicht nur der Seitwärtskanal....
Der MArkt ist eben nervös und wenn das Gold mal nicht mitspielt ;)...
Ich hoffe, die Zahlen kommen vor der IR Konferenz übermorgen :)
Release #13 - 2011
Vancouver, B.C. Monument Mining Limited (TSX-V: M MY and FSE: D7Q1) (“Monument” or the “Company”) is pleased to announce it has received TSX Venture acceptance for, and has closed, the acquisition for 49% of the Mersing Gold Project through its wholly owned Malaysian subsidiary, Damar Consolidated Exploration Sdn. Bhd. The Mersing Gold Project is located in Jahore State, Malaysia, approximately 300 km away from the Company’s Selinsing gold mine.
As previously announced, the Company signed an Earn-In Agreement with a Malaysian company, Emas Kehidupan Sdn. Bhd. (“EK”) and its 30% joint venture partners, under which Monument has the right to earn up to a 100% interest in the “Mersing Gold Project” (previously known as the “Gunung Arong Gold Prospect”). The Mersing Gold Project is held through mining certificate #1221 for 256 hectares of prospective land, located approximately 30 kilometers north-west of Mersing Town in Jahore State, Malaysia.
Pursuant to the terms of the Earn-In Agreement, Monument has initiated a two-year earn-in period of the Mersing Gold Project by paying $500,000 cash and issuing 1,500,000 fully paid Monument shares to the vendors in exchange for 70% of the shares in EK. As EK holds a 70% interest in the Mersing Gold Project, Monument’s 70% interest in EK gives it a 49% interest in the Mersing Gold Project. During the first two-year earn-in period, the Company is obligated to complete $2,000,000 in exploration on the Mersing Gold Project.
The Company has the right to earn a further 21% interest in the Mersing Gold Project by making either, at the option of the vendors, a further $1,500,000 cash payment to the vendors or by issuing 2,500,000 fully paid Monument shares to the vendors in order to acquire the remaining 30% of the issued EK shares bringing Monument’s interest in the Mersing Gold Project to 70%. As additional consideration to earn the 21% interest in the Mersing Gold Project, Monument must commit to initiate a second two-year earn-in period resulting in a further exploration obligation totaling $2,000,000 to be completed by Monument within two years.
Upon acquiring 100% of the shares of EK and reaching a 70% ownership level in the Mersing Gold Project, the Company has the right, for a period of 180 days after the completion of its second earn-in exploration obligations and the completion of an initial or pre-feasibility study on the project, to buy out the remaining 30% interest in the project thereby achieving 100% ownership in the Mersing Gold Project. The consideration of this buy-out will be based on an independent valuation and be paid in cash or by issuing shares of Monument at the option of the vendors and remains subject to the acceptance of the TSX Venture Exchange. Throughout these arrangements Monument will be the sole operator and manager of the Mersing Gold Project.
The original Malaysian Geological Survey identified a widespread geochemical anomaly that follows the north-west regional structural trend running for more than 30 kilometers, commencing near the beach at Kampung Sri Pantai running inland toward the Mersing Gold Project.The presence of widespread quartz veining within the highly deformed metasediments, sulphide mineralization and free gold showing in the vein material, and the evidence of substantial alluvial mining and processing activities indicate that the Mersing Gold Project has potential to host primary gold mineralization. To date, the area has not been systematically explored for its primary gold potential and no production details are available.
The Company is now planning an exploration program on the Mersing Gold Project as a part of its gold project pipeline development in Malaysia.Exploration at the Mersing Gold Project will provide an opportunity to understand the geological nature of gold mineralization within the Mersing district and, if successful, will create an opportunity for further discovery along the structural trend as defined by the Mineral and Geosciences Department of Jahore State.
About Monument Mining Limited
Canadian based Monument Mining Limited has two wholly-owned principal properties: Selinsing Gold Mine Project (“Selinsing”); and Damar Buffalo Reef Prospect (“Buffalo Reef”); which are located in Pahang State in the Central Gold Belt District of Malaysia. In addition, the Company recently acquired the Famehub properties comprising 32,000 acres of prospective exploration land adjacent and nearby the Selinsing and Buffalo Reef properties.
In conjuction with extensive exploration programs at Selinsing, Buffalo Reef and the Famehub properties, the Company recently announced it exceeded its 2011 financial gold production target of 40,000 ounces by 10%. The Selinsing Gold Mine is scheduled to increase its annual production rate to approximately 55,000 ounces of gold inside its first full year of commercial production with an estimated average operating cash cost of approximately $317 per ounce. The phase III capacity expansion of the 400,000 tpa gold treatment plant to 1,000,000 tpa through the addition of an additional milling circuit is targeting completion in May 2012. The Company has recently announced that construction has commenced on the processing plant expansion and the expansion of the tailings storage facility to enable throughput of approximately 1,000,000 tpa for 10 years.
The Company has also signed a binding MOU to acquire a 70% interest in the Mengapur Polymetalic Project in Malaysia subject to due diligence, and a variety of conditions including regulatory approval. Details of the project are available on the website.
Bin jetzt seit Februar 2011 investiert, es ist ein Jammer mit Monument Mining... Der Kurs zieht einfach nicht an? Ich bin auch nicht mehr überzeugt das der Kurs nach den nächsten Zahlen großartig nach oben geht. Ich werde meine Shares bei 0,55 € abverkaufen falls wir die überhaupt sehen? Keine Lust mehr mein Geld ohne Rendite zu binden, es gab genügent Aktien mit ordentlicher Rendite... Auch im Goldsektor.. Kein Bock mehr auf den Sch... hier...!!
September 29, 2011
Monument’s 2011 Annual Results
Gross Revenue of $57 M from 40,438 Oz Gold Sales at Cash Cost $242/Oz
Release #14 - 2011
Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announces its annual financial results for the year ended June 30, 2011. All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full annual financial results).
Annual Highlights:
Gross revenue of $57 million generated from gold sales of 40,438 ounces at an average price of $1,400 per ounce;
Gold production of 44,438 ounces produced at average cash cost of $242 per ounce, 10% over projection;
A positive net working capital of $63.1 million resulted from gold sales and the $13.4 million financing (CAD13 million);
The Phase III gold processing plant extension commenced for a budgeted $8.1 million to more than double production capacity from 400,000 tpa to 1,000,000 tpa. All major equipment was secured.
A NI43-101 technical report prepared by Snowden Perth Pty and SEDAR filed on May 27, 2011, converting historical estimates to CIM compliant resources with 20% increase in gold content at Buffalo Reef Prospect.
During the fiscal year, following the announcement of an exploration budget of $3.4 M, a total of 3,012 meters of diamond drilling from 15 drill holes have been completed at the Selinsing property. Drill results were released subsequent to the year end in July 2011 indicating that the high grade shoots extended below the existing pit and mineralization is still open at depth.
Mineral resource pipeline developed in Malaysia. Famehub properties were acquired and Memorandum of Understanding was signed to acquire 70% of interest in Mengapur Polymetalic Project during the year. Subsequent to the end of fiscal 2011, 49% of Mersing Gold Project was acquired through an earn-in-agreement.
President and CEO Robert Baldock stated “In fiscal 2011 the Company has achieved its major milestone of commercial production with a 10% increase of gold production. Management is now focusing on its next move aimed to increase its resource pipelines and take the Company to a new era of business development towards a mid tier producer. We will continue to increase exploration activities, improve drilling programs and seek new targets in the South East Asia region.”
Production Statistics
Jun. 30, 2010 Three months, Sept.30, 2010 Three months, Dec. 31, 2010 Three months, Mar. 31, 2011 Three months, Jun. 30, 2011 Year ended, Jun. 30, 2011
Mining
Ore mined (tonnes) 662,330 203,150 159,681 140,736 237,342 740,909
Waste moved (tonnes) 2,326,502 615,937 649,584 741,109 700,968 2,707,598
Stripping ratio 3.51 3.03 4.07 5.27 2.95 3.65
Ore stockpiled (tonnes) 387,545 499,589 570,719 623,130 773,432 773,432
Process
Crushed ore (tonnes) 274,786 91,106 88,552 88,325 87,038 355,021
Ore processed (tonnes) 272,120 89,834 87,845 87,780 86,540 351,999
Average mill feed grade (g/t) 3.08 4.08 4.41 4.18 4.58 4.31
Processing recovery rate 58.7% 90.0% 93.7% 93.7% 94.1% 92.9%
Jun. 30, 2010 Three months, Sept.30, 2010 Three months, Dec. 31, 2010 Three months, Mar. 31, 2011 Three months, Jun. 30, 2011 Year ended, Jun.30, 2011
Gold produced (oz) 13,793 9,050 11,348 11,904 12,136 44,438
Gold sold (oz) 13,793 8,650 10,148 10,704 10,936 40,438
Revenue (in 000's)(1) 16,316 10,863 14,115 15,031 16,618 56,627
Cash cost (US$/oz)
Mining 64 49 52 56 53 53
Processing 90 89 140 107 138 120
Royalties 62 61 68 69 76 69
Operations - - 2 5 (5) -
Total cash cost (US$/oz) 216 199 262 237 262 242
(1) Prior to achieving commercial production in September 2010, gold sales of $20,563,292 and related production costs were capitalized against the Selinsing Gold Property.
Financial Results and Discussion
For the year ended June 30, 2011, the Company recorded gold sales of $52,379,851, produced 44,438 ounces of gold and sold 40,438 ounces of gold at an average realized price of $1,400 from its Selinsing Gold Mine. Gold sales for July and August of $4,247,500 and related production costs were capitalized against the Selinsing Gold Property. The operation generated an income of $35,374,349 net of operating and corporate expenses, or $0.21 per share. This was reduced to a net income of $31,252,160, or $0.19 per share after other losses and taxes compared to a net loss of $3,034,838, or ($0.02) per share reported for the corresponding period in fiscal 2010. The other losses were mainly due to $5,905,306 caused by changes in fair value on derivative liabilities and accretion expense related to convertible debt, offset partially by interest income.
Financing Activities
On August 11, 2010, a financing totaling CAD 13 million was closed and comprised of the private placement of $7,653,600 (CAD 8,000,000) in convertible notes (the "Notes") and a $4,753,500 (CAD 5,000,000) forward sale of gold (the "Forward Sale").
The funds are for the planned exploration programs; closing the acquisition of a prospective exploration property adjacent to the Selinsing gold project where the Company’s gold treatment plant is located; and for the gold treatment plant extension with a second mill. With the additional funding, the Company expects to be able to increase gold resources and enhance gold production through increased plant throughput.
This was reduced to a net income of $31,252,160, or $0.19 per share after other losses and taxes compared to a net loss of $3,034,838, or ($0.02)
liest sich sehr gut... keine Frage.
kurs bewegt sich nach diesen graniosen News keinen Meter aktuelle 0,00% = 0,56$ TSV Exchange Toronto Venture Exchange (TSV) !!
www.investorpoint.com/stock/...CA-Monument%20Mining%20Limited/
die Meldung ist seit ca. 2 Stunden in Kanada veröffentlicht...
Meine Zweifel an MMY werden immer größer.... Bei solch grandiosen Zahlen sollte sich der Kurs auf jeden Fall positiv entwickeln...
Nur meine persönliche Meinung zu MMY...
Grüße..
bin mal gespannt, wie es heute läuft...
Klar der gesamt Markt ist momentan sehr nervös... die Kurse sind nicht mehr nachzuvollziehen... siehe Champion Minerals oder Opel Tech. !!??
auf einen guten Tag heute...
Natürlich ist die Zukunft wichtig und da gibts nichts wichtigeres als das Projektportfolio auszubauen. Und ohne Explorationsausgaben gehts nun mal nicht. Ich vertraue da allerdings auf das Näschen von Bob Baldock. Mengapur sieht zum Beispiel sehr viel versprechnend aus. Die Ergebnisse für Buffalo Reef und Fame Hub sollten nun uach langsam kommen. Was mir an MMY gefällt ist die regelmäßige Verbreitung von News. Mindestens einmal pro Monat lässt man von sich hören. Find ich klasse...
aufgefallen:
Der Blick auf die Zahlen: 44.438 Unzen Gold wurden produziert, allerdings „nur" 40.438 Unzen verkauft
Das finde ich klasse, diese werden dann erst im kommenden Jahr in der Bilanz stehen. Das kann nicht schaden. Ein kleiner Puffer, die geplanten Zahlen einzuhalten, wenn mal die Anlage kurzzeitig gestoppt werden muss, z. B. wegen Reparatur- oder Wartungsarbeiten, Umbauten, Hochrüstung ect.
Zitat:
"(...) This depends on whether I am talking about the company’s performance or the stock’s performance. It is much easier to see how the company will operate fundamentally by talking to the management and reading their reports. How the stock price will behave is in the hands of other investors. Right now, they don’t want to touch it. Only the crazy ones like me are buying it. But, here is another thing that I believe is important. Fiscal year 2011 is the first full year that the management can use to show the company’s performance to potential investors at investing conferences. They can now present the story of Monument and say, “It has now been 12 months – this is what we are making, and this is what we will be making in the future.” Before, potential investors were not willing to pay attention because there was only a promise of potential. Now, the results are here, and they are a fact. I believe that now investors are finally going to start paying attention because it is impossible to ignore a stock that is growing at 100%, trading at P/E ratio of 3, and also has the equivalent of more than 50% of its market cap in cash. Finally, the company will soon apply for a listing on a major exchange. This will only be positive for the stock."
Gruß, Legnano
Kaufsignal hin oder her!! Die Zahlen sind da ! Worauf warten wir jetzt? Der Kurs ist eher entäuschend!! Sieht auf dem Papier alles ganz gut aus aber solange hier keine großen Fonds investieren wird es hier nix mit dem 1 Euro zu Weihnachten!! Aber das habe ich ja schon geschrieben!! Also warten wir weiter ab.....
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| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 33 | 4.910 | Monument Mining LTD. A0MSJF | Röttgen | himpuh | 09.10.25 11:43 | |
| 5 | MMY | Graflahnstein | buran | 04.07.13 11:42 | ||
| 3 | 62 | ... | Pozelei | tolksvar | 29.11.12 14:39 | |
| 2 | 15 | (ich traue mich schon garnicht mehr an meinen PC) | buran | Pozelei | 19.06.12 12:57 | |
| 20 | Goldförderer, bereits produzierend | brainless62 | DukeLondon83 | 18.01.11 14:10 |