MOX 0.00% 0.2¢ monax mining limited

Ann: Placement to Fund Mt Ringwood Drilling Program, page-31

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  1. 1,059 Posts.
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    G2, I'm not sure it will even need a few good hits. I agree with Furniture and am very confident from current levels. I'm expecting the SP to be materially higher ahead of drilling in the next 4-5 weeks, and where it goes from there will obviously be dependent on drilling success. Market cap at current levels is a no brainer, as long as company management don't do anything stupid like raise capital again for their "fully funded" drilling campaign.

    Great prospects relative to current market cap. And in the right sector, as you pointed out.
 
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