cash costs are around $900/oz. Tiny if no margin. Check two lines in their last quarterly, receipts from product sales and payments from production. Shocking stuff. At their market cap they are way overvalued.
Where would they be without that $7m from IRL. Why is MK moving money between companies? Keeping them afloat long enough to do yet another raising?
IRL raises $18.8m just a few months after listing and immediately spent $16.2m on what?
Check when MK and JK sold out of URA. Where is URA now?
I am not saying it's a lifestyle company but you guys need to be aware that it might be.
MON Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Not Held
