Cheers.. I think MTR have placed themselves magnificantly to...

Cheers..

I think MTR have placed themselves magnificantly to capitalize on this whole region.
If it proves to be as prospective as indicated and more resources are found in the belt, MTR are placed as good as can be.

Despite Cupric having their multiple large resource inventory, the region is massively underexplored and every new hole between MOD and neighbours that indicates good economics I believe will add to the attention and potential can start getting priced in...
Which I don't believe it is as yet. At all.

As for the deal, it is what I expected.
MOD wouldn't be setting out to hose down their still major JV partner with a deal, but they needed to get the ownership all under one banner.
At least for T3.
I'm happy to wait on exploration for how a deal will get priced with the 70/30 regions.

MOD would have aimed to make out better if it was a total buy out, but both companies are commited to each other and the region, so like all the less than steller corporate activities,,, get it out the way and let the focus stay on building a massive inventory of copper...