MOX Hits New All-Time High of $0.86 Up 364.86% From NIA's Suggestion Price!

Morien Resources (TSXV: MOX) hit a new all-time high today of $0.86 per share for a gain of 364.86% from NIA's initial May 28, 2021, suggestion price of $0.185 per share!

Because many NIA members got into MOX at $0.185 per share there was some profit taking from MOX's high and it finished the day up by 15.62% to $0.74 per share!

MOX's current market cap at $0.74 per share is CAD$37.434 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.