Ann: MOD Doubles Exploration Budget to A$10M, page-9

First 9 Last

Share
Profile

Follow
nsw004

2,125 Posts.

212

02/09/17

12:35

Post #: 26950470
Share

Originally posted by nsw004 ↑

Botswana is rated very high on the safe list of mining jurisdictions. MOD is doing at the exploration at the most minimum cost ever possible. Even about 1 percent of the tenements also not explored so far ( T3 ) out of 8000 km2 tenements and based on the geology, this will turn out a mega Cu mining project in the years to come . The mgmt guys at both MOD and MTR are the best in the industry , they have done tremendous work in the shortest span of time, in a matter of months. Sprott inside MTR with a 10 percent holding and the position was immediately taken after Rick Rule personally visited the project . MOD have a clear cut plan to go into production by 2019 with low production costs. MOD is one of the best buys in ASX today by any analysis.With Cu demand expected to go up nine times in the next ten years for electric cars alone, with all existing mines depleting, our only worry is MOD should not sell out the project for a pittance at some point to some hungry shark. I am quite sure the mgmt guys at MOD and MTR are very clear about the long term potential of Botswana project and we just need to stay invested over next many years. Cheers.

Expand

T3 phase 1 - NPV US$ 379 million with copper at USD 3.12

T3 phase 1 - 0.05 km2

T3 resource upgrade this week 16 %

T3 dome 250 km2

got it folks ?

MOD Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 7 more messages in this thread...

First 9 Last

Add MOD (ASX) to my watchlist

Ann: MOD Doubles Exploration Budget to A$10M, page-9

Top Stories

Sales growth pushes Lovisa's fortunes (and shares) upwards

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Scientific conference spotlights PYC's work on blindness disease treatment

HotCopper Highlights: Your most watched stocks for Week 47, 2024

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up