MOD 0.00% 42.5¢ mod resources limited

Ann: Correction to ASX Announcement, page-24

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  1. 709 Posts.
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    .... And we're back to big boys trading between 5.6 and 6 cents again..
    Real shame the news couldn't sustain the SP above 6 cents..
    From the results, so far there isn't enough info or large strikes to gaurantee the new veins could be added to mine plan, so it's not really a win, hence sell off.

    On positivity towards the future, PFS due end of year will be good if copper stays above $3 or particularly if it climbs higher.

    Approval of, and beginning of regional exploration seems out nearest catalyst for a re-rate and to break out of the steady rut SP is likely to be back in... If regional drilling is fruitful...

    Dissapointing after positive buying to get above 7 in anticipation..

    Good luck everyone... All just my observations... Will slip this one down a drawer after short term whif..
 
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