MON monarch gold mining company limited
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My bet is funds raising from Institutional and sophisticated...

  1. rab
    4,703 Posts.
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    13/06/08
    23:12
    Post #: 3856899
    My bet is funds raising from Institutional and sophisticated investors. Don't you love that term. Harmony is due a payment on the 30 june of $10 million ( Mt Magnet) and Mon is going to spend another $10 million in the first year at Mt Magnet. I would think minimum raising of $25 million at 25c. Then a SPP to raise 5 million from shareholders also at 25c.
    I don't hold MON. Only TTY.
    RAB
    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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