MOD 0.00% 42.5¢ mod resources limited

Fantastic achievement.. now we await financing which appears...

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  1. 859 Posts.
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    Fantastic achievement.. now we await financing which appears they are well on top of and it looks a fairly easy sell to me (low risk, robust economics, low capital requirements / quick payback). They also appear to be nailing the social licence aspect with the work they have done in country which should bode well with the ML.

    The metallurgy continues to stand out - process costs (incl. power) at just $6/t and a plant cost (excl. indirects) of just $49m - these are incredible figures comparatively to other operations. Average con grades of 30.4% is great and whilst the Zn/Pb levels could incur penalties this appears minimal. Happy holder.
    Last edited by Cashmeoutside: 28/03/19
 
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Currently unlisted public company.

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