MOX 0.00% 0.2¢ monax mining limited

Ann: New High-Grade Lithium Project-MOX.AX, page-41

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  1. 481 Posts.
    lightbulb Created with Sketch. 46
    Another good looking chart.
    Two days of solid buying interest and nice soaking this morning at 0.015 before moving higher during the pm session.
    MOX is currently testing resistance at 0.017 - 0.018c.
    Tomorrow's trading will provide a good indication of immediate direction, although judging by the volume over the previous two days and today's bullish candle, I expect a test of 0.02c before week end.
    Considering the risk / reward ratio MOX is a rare bargain considering the potential Lithium / gold play it may host.
    Good to see you on board Architect, I like your technical analysis.
    I also was fortunate to buy PSC early while it churned at 0.017 and sold at 0.06 thinking a top was in.
    As stated by the company "Rock samples collected from an old surface scrape within the project area report lithium at 6.71% and 7.55%".
    MOX presents excellent value at a present market cap 0f $4.4 million. I'm in at an average of 0.016

    Cheers Lute

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