MON monarch gold mining company limited

mt magnet

  1. 211 Posts.
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    There seems to be an inconsistency in the releases today. In the revised graph for Davyhurst it is stated the Hill 50 mine will be on care and maintenance for 18 months. In the Mt Magnet Gold Operations Update it is then stated that they will refurbish the processing plant with the target to recommence production during second quarter 2008. Is this an error and should it be 2009 which would align with the exploration and resource upgrade? Also, the graph for Davyhurst shows what a bummer Walhalla has been! it will not be until February that the operation becomes cash flow positive.
 
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Currently unlisted public company.

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