MON 0.00% 29.5¢ monarch gold mining company limited

well, perhaps this small calculation helps: According to Kiernan...

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    well, perhaps this small calculation helps:

    According to Kiernan 8,5c by share with 125.000 ounce/year. That means with the KGV of 10: 0.85 AUD In 2-3 years: With 34c by share with 500.000 ounce/year and a KGV of 10 there is already 3.40 AUD.

    Thus 0.60 to 0.70 AUD in the near future holds I for quite realistic. Gold should rise again (of it I go out) surely goes to MON through the cover.
 
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Currently unlisted public company.

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