MON 0.00% 29.5¢ monarch gold mining company limited

new monarch ia a swan, page-8

  1. 1,130 Posts.
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    av. cost of $610p/oz

    110k oz p/a

    back of the envelope EBIT AUD$58m p/a on today's gold at around AUD1100. Gold at 1500 gives around $100m EBIT. AUD will rise with gold though.

    Is he dreaming again, or maybe he timed it well enough???...

 
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Currently unlisted public company.

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