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
reason for trading halt .., page-8
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