Yeah, I agree. MTR are leaning towards the regional exploration prospectivity with the deal while MOD are keen to have a cornerstone production mine at T3 able to serve a regional role. All in all, I think its a fair deal. Having said that, if T4/T20 go the way we all hope, then MTR comes out a bit ahead perhaps. I may grab a few of their shares to leverage that potential.
MOD Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held