a reason for the sell off could be that drilling for graphite may not be for a month or 2.
'Monax is currently reviewing all available data and will commence planning for the maiden drilling program targeting graphite. Further field reconnaissance will be undertaken prior to the drilling program to determine access for drilling, undertake additional sampling areas of known surface graphite and to field check the six target areas identified by Monax as being prospective for graphite.'
from the announcement may 3.
they probably will release some more field sampling results on the way though, just a guess.
MOX Price at posting:
5.7¢ Sentiment: None Disclosure: Not Held