MON monarch gold mining company limited
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Probably not enough money raised asMt Magnet Settlement $10mTTY...

  1. w0mbat
    16 Posts.
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    08/07/08
    09:36
    Post #: 3961148
    Probably not enough money raised as

    Mt Magnet Settlement $10m
    TTY Loan $18m
    IRL Loan ~$5m
    New shaft $5m
    Total $38m

    They are only raising $30m if they can sell Minjar for $5m and raise $25m

    Where is the money for exploration and proving up resources at Mt Magnet coming from
    MON Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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