MDX 0.00% 5.2¢ mindax limited

Ann: 2010 AGM Managing Director's Address , page-11

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    Jupiter's end product is better grade wise at this stage although with the figures you have used, 1.3-1.3bt is Jupiter's exploration target while 1.01bt is Mindax's currenty JORC with a target more than double that figure.

    Jupiter are targeting a JORC figure around 400MT in mid January whereas Mindax may be aiming for 1.5bt-2bt towards the end of January particularly considering this round of drilling is targetting magnetite when the previous program was targetting the non-existant DSO. Certainly a lot more interest in Jupiter currently than any of its nearby neighbours.
 
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