MOX 0.00% 0.2¢ monax mining limited

nice neighbours map +collage, page-19

  1. 11,111 Posts.
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    Furniture,the cross holding in MEU is definitely to bear in mind as a positive but I think MOX's fortunes in the near term will be most greatly affected by it's proximity to AXE's Sugerloaf graphite deposit and it's own current drilling at Jamieson Tank.If MOX come up with graphite in the hole/holes there then we'll see a healthy rerating,if not we won't.By my reckoning Jamieson Tank is about 2.5 kms north of Sugerloaf,it'll all come down to whether it's the same stratigraphic sequence.I'll continue to hold the small parcel I have.I think that MOX is a side play here with most focus likely to be on the ground to the east and south east of Campoona.(MOX holds ground to the north and northwest of Campoona)It is still a nice neighbourhood to be in at the current time. Let's see what next week brings for all the players in the area: AXE,LML,ADN,MOX and RNU
 
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