MOX Gains by 12.16% to $0.83 Per Share!

Morien Resources (TSXV: MOX) gained by 12.16% today to $0.83 per share!

MOX's current market cap at $0.83 per share is CAD$41.986 million! Royalty companies trade for between 10-20X annual royalty revenue!

MOX is likely to initially earn $10 million in annual royalties, which will quickly grow to $20 million in annual royalties. This means MOX should trade with a market cap of CAD$100-$200 million!

Here is the production ramp up schedule (keep in mind we are starting off today at approximately year 4):

375,000 tonnes during Year 1

373,000 tonnes during Year 2

642,000 tonnes during Year 3

1,216,000 tonnes during Year 4

2,145,000 tonnes during Year 5

2,534,000 tonnes during Year 6

2,640,000 tonnes during Year 7

2,714,000 tonnes during Year 8

2,949,000 tonnes during Year 9

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.