MON 0.00% 29.5¢ monarch gold mining company limited

Hi RimtalayMK must be in the know on this. But did make me...

  1. 752 Posts.
    Hi Rimtalay

    MK must be in the know on this. But did make me curious that there is no underwriter on this raising and also there was quite a bit of description about the risks associated. Esepecially about if they don't raise enough to cover their current working capital defecit. Made me wonder that is no bank debt a good thing or indicative of their value judged by the banks?

    Interested in your spin on this.

    Still hold TTY but MK is a bit of a wild card which can be a great thing (getting mines running and profitable where others can't) or bad (rash judgements, too many competiting priorities).

    I get his diversified vision, just question whether MON is in the best interests of TTY?
 
watchlist Created with Sketch. Add MON (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.