RE: RE: RE: Outstanding value here I am pretty certain that the PP was taken by a major backer of Monument who can afford to wait for 3 years to get their shares.
Its most probable that it is a Chinese conglomerate who has a ready and nearby market for the iron ore, copper, precious metals and phosphates that Mengapur will produce.
Monument has had two drill rigs there since late summer of 2011 and we should soon see some of the assays.
Most will be infill and appraisal ( twin ) holes.