why why why, page-2

Plus another 19% for Antofagasta further down the track will give Monax a 30% interest eventually if Punt Hill proves successful.Lets face it without the assistance of a farm in arrangement Monax could not make it alone.At least this way a company with Projects at an exploration or feasibility study level in Latin America , Asia , Europe and Africa has the cash and the know how to get the best out of Punt Hill. 30% of a producing mine is still better than nothing .
Forgetting the connection with Monax for a moment , if a world wide successful company had a hot copper prospect with sites already targeted for drilling and offered you an in for 6 cents per share would you would jump at it.If the Punt Hill project comes up empty then Monax has at least given this project it's best shot and without spending a penny.