MOX 0.00% 0.2¢ monax mining limited

Lithium south of CXO's Bynoe area, page-5

  1. 1,719 Posts.
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    me thinks from the words company has used,

    MOX might deliver some real nice surprise to the market, I have highlighted what I mean.

    Also I think MOX is due for updates from its Litchfield lithium project, Mining management plan had been submited, samples are collected with very high grade,

    I am really interested to see if they can deliver something like Bynoe,

    do not forget, not long ago, CXO reminded the market again & again that they have confidence that NT Bynoe could potentially offer a lit significant discovery like what has been seen in WA, but at that market just did not give a care at all.

    From TA perspective, I am very comfortable with this chart set up & looks like a very solid base has been found.

    Well just to be fair and balanced, it is very early play and highly speculative, but MOX with a 6m MC cap in the right area, given the confidence & message passed from MOX management,

    Risk reward ratio is BETTER than good to me.

    I am in.

    Thanks for the heads up Strauss.

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    Last edited by Waiting4Godot: 10/10/16
 
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