MDX 15.6% 3.8¢ mindax limited

mt forrest jorc of 1 billion tonnes, page-5

  1. 6,575 Posts.
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    Current market cap is $69 million. With a JORC of 1 billion tonnes, Mindax is at 6.9c per tonne which must be one of the lowest values on the ASX currently, hopefully that is corrected a bit.

    Not sure why there isnt a higher DSO figure. The drill results released at the end of July didn't look too bad and i was expecting a much higher figure. With 10 targets tested, their exploration target for DSO cant be much higher than 10-15MT DSO at this stage.
 
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Mkt cap ! $96.29M
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4.3¢ 4.3¢ 3.8¢ $18.44K 459.7K

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