MON
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0.00% 29.5¢ monarch gold mining company limited

Hi GS,It is not simple as cutting and running, as:(a) Davyhurst...

  1. HamburgerK
    706 Posts.
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    08/05/08
    12:50
    Post #: 3685657
    Hi GS,

    It is not simple as cutting and running, as:
    (a) Davyhurst processing will have to be re-ramped up again.
    (b) staff will have to be sacked, redundancies, etc.
    (c) rehire staff again, will be hard with very low unemployment.

    I guess at time Mt Ida and Riverina were planned to be mining by 1st quarter 2008, but there were delays.

    Turn around in gold ore produced should be coming about now.

    MON Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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