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0.2¢ monax mining limited

Is there any relation between Ian Gordon (MD) and Duncan Gordon (Investor Relation), page-5

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11hopefill11

74 Posts.

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08/06/18

12:08

Post #: 33592963
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Originally posted by GOODINFO ↑

Only reason I'm asking is a broker friend mention Duncan Gordon is (or was) a Director of Adelaide Equity and that they've been milking monthly fees from MOX for years with little to show.

Coincidence or not, I hope someone can clarify?

I want to get a better handle on the use of shareholder funds and the direction of the company. How much of the cash is going into the ground (Exploration & Evaluation) verse director wages (Administration and Corporate costs). As of the last quarterly report its leaning towards the latter of the two.

I maybe a future investor only if it ticks the right boxes.

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good entry point if compay have genuine combinatons of lithium , cobalt , vanadium, nickel,project
keep adm cost down spend money on ground stay focused (dont mention gold unless its showing in with the above minerals

MOX Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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