Bought a few yesterday. This will light up their lithium assets when the wet season is over, from March onwards. Other companies in the area with the cash to drill have been down in price and now starting to awaken again with the expected news flow from drilling when the dry begins. Companies cannot drill until conditions on the ground permit. It seems to me that Darwin will become a major hub with its proximity and infrastructure with an absolute advantage for lithium export to Asian markets. The company should be well placed to piggy back on the development.
MOX Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held