Ann: MOD Raises $18 Million to Turbo Charge Growth, page-38

Turbo charge!?
A real emabarrasing Title imo

How will they turbo charge existing diabolical assaying timescales & Lab Turn around?

I really can’t see why management would go for $18m at this Share-price?
Shareholders who ride this through to production could end up losing money.
It shouldn’t be that way given the risks!!

Why could they not have gone with a mid tier broker like Cannacord? I’m sure pretty much anyone who has an account with a Perth Broker likely got offered this! Sent far and wide.

Why couldn’t they spend time on a roadshow showcasing the Investment potential?
Instead they spend money on costly mining articles that no fund managers are likely to read or be interested in.

Something just doesn’t feel right about this at all.
I’ve held stock here since the T3 discovery days, and supported on the previous rights issue, my continued support is in jeopardy now.

The scale of the regions potential and Mods targets are Huge, there is no denying that, but it seems they have now chosen to risk the companies future and shareholders reward, on further exploration success.