Some info on MOX 1. Cash and stock $8m Market Cap $11.5m so EV of $3.5m
2. are funded on three different projects by JV partners this is important as it means that NTA figure of $8m wont get erroded with lots of exploration costs
3. 30% funded interest at Punt Hill by a major Chilean Copper Miner who must spend $10m to earn 70% Abuts the Carapateena discovery and todays report compares the geoligical setting to Olympic Dam
See ARE AXT and TAS for examples of a few other Olympic Dam hopefuls
4. 50% funded interest at Melton near RXM's Hillside this is a significant discovery and values RXM at close to $500m drilling about to recommence
5. 40% funded interest by OMH for Manganese cant say much about this project but has obviously caught OMH's eye
looks cheap would love an article commenting on todays Olympic Dam
MOX Price at posting:
7.4¢ Sentiment: LT Buy Disclosure: Held