MON
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0.00% 29.5¢ monarch gold mining company limited

monarch very good news, page-20

  1. HamburgerK
    706 Posts.
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    17/04/08
    17:26
    Post #: 3599388
    Hi bggb,

    I think what it means is that:
    4000 oz at 14g/t in April
    4000 oz at 19g/t by July

    Thus they must be reducing the amount of mined ore that MON are processing from Mt Ida, thus more ore is required from Riverina/Davyhurst to make short fall in July and thus more gold is recovered in July overall.
    MON Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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