monarch takeover, page-16

I would be surprised if it was trading before the end of the financial year. MK has been busy sorting the split from his partners/ supporters, (although this could all have been playacting by MK and Noble to clean up the mess)whilst dealing with Harmony to try and preserve the Mt Magnet deal without losing Mon deposit and Mon future golden lining.He has got to seek funding during a credit crunch and probably those who have been bankrolling him so far will be wary. Still i think he will prevail. Also if they trade before end of June, Tax loss selling could come into force.I think its got to be completely tied up with no loose ends when mon comes back and that will take time.
RAB