Hain - if you take into account their committments re Mt Magnet etc - their cash position will be worse - actually I don't know if they'll have enough to fund their committments, so maybe some will not go through - in which case their cash balance might improve - a bit of a paradox, lol - their bad position might actually put them in a better (cash) position!
If their attempts to ramp up Mt Ida mimic Davyhurst's ramp up, then production should drop!
My guess is their cash positive target will move yet again due to "unfavourable" gold prices.
Now I don;t think MON is looking at until at least the next financial year.
500k oz producer by 2009? I don't think so.
MON Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
