battle to save monarch gold , page-4

davyhurst can be profitable as long it is not run "by contractors who's best interests are contractors interests" (make the most for us in the shortest amount of time)

near mine reserves were never subject to further drilling to provide low cartidge costs, oxidised dirt and rapid mill feed in the chance to produce 7500oz p/m to be cash positive.

over staffed by people that came up with valid excuses every meeting why mining schedule couldn't be met.


.... to make money you must spend money (other ppl's money)to maximise thier investment. make sure that if you have mining schedules, the people in place can make sure those mining schedules happen, and if they cant then cut the dead wood (it burns well on the flame LOL).

investors money is gone, sad but true. the only best outcome now is that creditors both secured and unsecured get 100% of what they are owed.


its fire sale time