Best if you did some in depth research on MOD and the progress...

Best if you did some in depth research on MOD and the progress they are making on the JV.

The evolving program of discovery will be the driver for the share price, To call this 'a vehicle with massive shares on issue are akin to quicksand' is nuts. Just because a company has many shares in issue does not make it unprofitable for holders. That would stop any company from growth. It's the quality of the assets and team managing the operations that will deliver the value here.

As for risk, the project has derisked significantly since the discovery of T3 in 2016. MOD and its partner MTR are in excellent health and both companies in the JV are run by quality teams.

Where you see red flags I see green lights. A great project, great assets, great teams, great jurisdiction. All my opinion base on 2 years of research here and meeting most of the key directors and geos.