new funding arrangements, page-8

I am no mining expert but they need to do the math this time before going into production i.e production cost greater than sale price NOT GOOD!! Production cost much lower than the sale price VERY GOOD!! I am sure Nelson had some idea of the number of enemy ships he was facing before he went into battle and the quality of his own ships and had a good plan of attack. Given time and more money the Monarch management team might just get there.