MOX 0.00% 0.2¢ monax mining limited

With the recent CR don't they have over $600k? Didn't they have...

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  1. 430 Posts.
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    With the recent CR don't they have over $600k? Didn't they have $280k remaining from their last cash flow report plus an extra $328k from their placement?

    I jumped back in at .5c as I think this is the lowest price we're likely to get. Very low risk versus good chance of big reward.

    Only thing holding back buyers right now is the fact that they said in their last few announcements that drilling will be undertaken over the next 6 months. So any update on gold exploration could still be a while off - but who knows, it could also be very soon. What made me pull the trigger now is that the prospect of new lithium tenements getting the green light could see a rapid jump in the SP. A $3m MC is basically a shell so these prices are a steal!
 
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