rumours re monarch and sre, page-14

TocaU, correct shareholders shall retain existing shares but will however be faced with dilution.
At time of de-listing there were approx 200m shares on issue and just over 700m will be on issue after the recap plus attached options.
With a share price of .05 and projected annual prod of 113k oz pa and providing they can get it right this time and produce at anywhere near the projected cash costs then .05 would be good value IMO, HOWEVER the market are going to be very cautious of MK for a long while, me included.
If ever he needs to stand up to the task at hand it is now.