MOX 0.00% 0.2¢ monax mining limited

Ann: Litchfield Lithium Project Update-MOX.AX, page-19

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  1. 5,457 Posts.
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    Sensible post freehold. With historic evidence of amblygonite in NT, I had previous hopes that another stock I've held and traded, LTR, had potential for amblygonite on their Bynoe tenements but that hasn't transpired. This could be very exciting for MOX if your questions get answered in the affirmative as amblygonite can get up to 10% lithium from what I've read previously. But you're also correct re rarity of economic deposits so the odds are on the low side but very definitely must be followed carefully. If nothing else there could be a big spec run when proper drilling takes place, I would expect MOX to engineer that at least.
 
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