428k left in the bank, page-3

Also, this could explain why MK went on a spree to tell everyone MON is now a producer and should get re-rated!

They are burning 21 million per quarter! How are they going to fund this??

Share placements!!

I think they are in a serious jam at the moment!

need to raise $$$ quick, share price aint the best, would have to issue 100 million shares at 22 cents to get enough for 1 quarter?

Or course this burn rate could be wrong, but even if it is half, they still need some money and they can't keep on borrowing 7.5 million every quarter!

Again, sorry for all the true believers, "no pain, no gain" crap, hey I'm a share holder with some hard earned cash to invest in, Australia is in a Super cycle of a lifetime, and "we need to be patient" while other stocks are running hot, with good management AND PRODUCT.

Don't sit on this one till it show signs of recovering and getting production up to scratch to at least be able to pay the bills!