MON 0.00% 29.5¢ monarch gold mining company limited

i get the feeling that 500k oz pa is a bit of a tease.So what...

  1. 1,723 Posts.
    i get the feeling that 500k oz pa is a bit of a tease.

    So what about the 100 to 150 k oz pa production suggested for end of 08?

    Is this a reasonable forecast?

    Will they do it and if so at what price and for how long?

    if this provides profit of say $40m for 4 or 5 years, then MON is probably a reasonable buy at current cap.

    so my question is: does anyone have a good idea of production costs and time frame?

    has the co. ever given an indication of this?

 
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