MOX 0.00% 0.2¢ monax mining limited

From Managing Director's presentation: Market Capitalisation...

  1. 1,630 Posts.
    From Managing Director's presentation:

    Market Capitalisation $3.0M
    Cash (as at 30/09/2014) $2.4M
    Thus:
    Enterprise Value $0.6M

    However:
    Cash (as at 30/9/2014) $2.4M
    Less: expected cash outflows $1.2M (per the 30/9/14 Appendix 5B)
    Estimated Cash 31/12/14 $1.2M
    Thus:
    Estimated Enterprise Value 31/12/14 $1.2M

    Also from Managing Director's presentation:
    Results for the two holes totalling 2045m completed at Punt Hill, are expected mid-December.

    As such:
    Punters (including Antofagasta) await!

    PS: Also from Managing Director's presentation:
    Parndana Project
    (100% Monax)
    Geophysical and drilling program completed.
    Results show significant chargeable and resistive anomalies,
    not tested by recent drilling.
    Detailed soil sampling program recently completed to assist with locating drill holes

    Follow-up soil sampling program recently completed, results pending.
    Last edited by Slider on the black: 21/11/14
 
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