I guess the outcome of the Harmony negotiations are critical. Either the two don't reach agreement and the both walk away, leaving Harmony with Mt Magnet, or they give MON more time - in that later case, the funding mix (cash, shares, notes) becomes very important.
MON just don't have much cash - I presume the nearterm cashflow from Mt Ida is ear-marked for the $20 million+ debt repayment. And then MON need money both for Mt Ida exploration, and Mt Magnet (otherwise Mt Magnet is not much use as a gold property).
Whether MON will get cash as planned from its Minjar disposal is still to be confirmed, and I don't know the real prospects or terms of the possible Bellvue sale.
I hope the next MON release fully deals with all of this, including their cash position, anticipated cashflow/asset sales, and debt repayment plan.
angus
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