MON 0.00% 29.5¢ monarch gold mining company limited

ship is sinking, page-70

  1. 1,528 Posts.
    Rayma:

    "a concern that fellow posters are calculating production costs of $2000+ seems simplistic."

    I agree with that point you raise. The $2,000+ costs referred to in the most recent quarterly would include other "ramp-up" costs etc.

    Thier current costs, however, are not $650-$700. Their goal is to achieve "just under $700" by December this year (from memory) if they reach their production targets.

    Cheers


 
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