MON monarch gold mining company limited

MON needs $4mill to "tide it over" the next 2 months while they...

  1. 1,528 Posts.
    MON needs $4mill to "tide it over" the next 2 months while they try to raise capital???? Who would inject capital in these circumstances?? Knowing about the losses, the IRL and TTY loans, the SP propping, the questionable Harmony deal, including the possibility that Harmony will have 25% ownership which will further dilute holdings, current smaller shareholder who might dump there shares on re-open etc, etc.

    I give MON a 10% chance of surviving the next couple of months. And that's been generous.
 
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Currently unlisted public company.

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