MON 0.00% 29.5¢ monarch gold mining company limited

c95mbq, page-3

  1. 2,218 Posts.
    When the money is raised, they will relist.

    From what I can gather, they need $35 million for the Mt Magnet purchase, some extra dollars to cover development costs at existing operations until they start to return a decent cashflow (judging from previous posters there seems to a bit of confusion exactly when they will be), dollars for exploration, and they are in debt for $14.5 million.

    MK will have to work hard on this I think.

    angus
 
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Currently unlisted public company.

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