Will look into further. Read the ASX releases and paid for research that suggest 18c NPV per share. This suggest to me 9c upside at present given required 50% discount for such early stage. Trying to understand the next real catalyst for MOD that will take it to the next level as I like to chase multi baggers. 2B shares in issue is a real stumbling block for me. Nevertheless I will keep on my watch list for now to ensure I don’t miss a result that changes my preliminary review.
MOD Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held