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0.00% 0.2¢ monax mining limited

If the SPP is a success you will have a company with approx. $1m...

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  1. rexhunt
    791 Posts.
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    19/11/15
    15:36
    Post #: 16434207
    If the SPP is a success you will have a company with approx. $1m in the bank, 2 exciting JV's with mining heavyweights and a very prospective gold project delivering rock chip samples >1000g/t Au..

    At today's price that company would be worth $3m or EV $2m (less cash holding)

    Drilling will be occurring on all three tenements in the next three months.

    This is a no brainer
    MOX Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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