MON 0.00% 29.5¢ monarch gold mining company limited

Woteva - maybe you didn;t understand me correctly.I agree with...

  1. 1,528 Posts.
    Woteva - maybe you didn;t understand me correctly.

    I agree with your assersion that the market is not always right - this does not mean that it is wrong in all cases. In the case of MON I think it is valued ok at the moment. I certainly do not think it is under-valued.

    I believe it will still fall as we approach the end of the financial year.

    There is also a real risk MON will fade away.

    The only positive is that their debts are to a related entity and not to a bank.

    Am am yet to understand what the "Environmental Bond" as part of the Mt Magnet deal is about and how this affects MON and their bank.

 
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