Hi Guys, Each to their own, and I am certainly not going to rant...

Hi Guys,

Each to their own, and I am certainly not going to rant or pump MOD ... everyone needs to make their own decisions here.

However, I would simply point out that MOD is not solely an exploration company ... it has the T3 development project that has an awesome NPV and IRR at the PFS stage and this is likely to materially improve at the DFS stage, due to be released in only a few months.

MOD is also finding Cu with each exploration target drilled, including what seems to be a regional scale blanket of very respectable Cu-Ag.

MOD also has A$12m in the bank and the endorsement of RR from Sprott as being "the only Cu investment he is making", due to what he thinks is a "spectacular discovery in the making". Could he be talking about the NPF?

However, MOD is trading like a penny dreadful exploration company that is drilling dusters ... such is the market.

Cheers
John