MON 0.00% 29.5¢ monarch gold mining company limited

mk at sydney mining club, page-15

  1. 97 Posts.
    From memory, and admittedly it's not getting better with age, I seem to recall him saying MON would be cash positive as of March but that the average cost for the financial year would be somewhere around 980. The average cost per oz for first half next financial year would be around 680. I thought this seemed very much in line with the revised mining plan and graph that was presented some time ago and that to me would seem like good news. Then again, I didn't think I heard the phrase "500k oz producer" in the presentation so perhaps the "catch phrase" has been ditched ;-)
 
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