MOX 0.00% 0.2¢ monax mining limited

I think the rise in the sp can be attributed to our great...

  1. 1,429 Posts.
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    I think the rise in the sp can be attributed to our great tenement holding around Carrapateena which is currently on the auction block and might be interesting for OZL.

    Carrapateena had some of the greatest intersections in history ( from memory a drill hit of 900m @2.8 % copper ).

    MOX are only 25 kms away from that great discovery and we're close to drilling our prospect.

    The shareprice of our JV partner at Melton hasnt moved so far so I think our strategic tenement holding at Punt Hill will be the future driver for the sp and looking back at the drilling taking place in 2007 -2008 the shareprice went gangbusters on the Punt Hill prospect.

    We got a very busy time schedule for the next 6 months with 3 drilling campaigns taking place so there's a lot of room for the shareprice to move up.

    Cheers
 
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