MOX 0.00% 0.2¢ monax mining limited

I haven't spoken to the company this week, but based on what I...

  1. 454 Posts.
    I haven't spoken to the company this week, but based on what I was told last time, if all has gone well drilling wise, then they should have reached or are in the first target zone this week, with difficult drilling conditions they may only be getting 15-20 meters a day Diamond Drilling. Once they have the core allow at least a few days to a week to log it and then sample it if they do that on site, they may bring all the core for the hole back to base first which would take longer. Once the samples are dispatched lead time can be between 1-4 weeks depending on the workload of the lab concerned and the assays requested. All up I would expect a minimum of another week at the earliest to three weeks before any results are released, unless they decide to release visual estimates (always risky, ask MEU and others).
    Because I'm in the Industry and know how long these things take to DO PROPERLY I'm happy to wait, but I won't complain if I'm wrong on the timelines and something is released tomorrow!
 
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Currently unlisted public company.

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