MON 0.00% 29.5¢ monarch gold mining company limited

this just keeps barking, page-10

  1. 2,218 Posts.
    from memorey the $20 million in shares to be isuued as part of the Mt Magnet purchase are to be issued at a 7-day VWAP just prior to June 30, so its possible MON are aiming to get any got news out later this month to give maximum support to the share price around then. The terms of the convertible note will be important, as will the bank financing of the environmental bond. in the interests of transparency, it would also be useful if the terms of the borrowings from TTY and IRL were fully disclosed.

    As always, good luck to MON and shareholders.

    angus
 
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