Australia's largest stock trading and investment forum Australia's #1 stock forum

MOD

Click for more information

0.00%

42.5¢ mod resources limited

The market cap of MOD is $102m. Canaccord research report (5th...

First 12 Last

Share
Profile

Follow
Miningvet

25 Posts.

03/08/18

11:05

Post #: 34704892
Share

Originally posted by Cashmeoutside ↑

The PFS quoted a NPV of A$529m pre-tax (8% real, $3/lb Cu) for the “expanded case” - which used an inventory of 41mt @ 0.86% Cu. The recent JORC upgrade has already bumped up the T3 resource to 60mt @ 0.98% or 47mt @ 1.13% at a 0.5% cut-off. If we can get additional tonnage and grade from these other domes such as A4 the economics will be hugely improved and valuation multiples of that calculated in the PFS...all IMO

Expand

The market cap of MOD is $102m. Canaccord research report (5th July) on the company website placed a "Total Net Asset Valuation" for MOD of $381m (or $0.93 cent per share). Begs the question why the shares are trading at such a large discount??

MOD Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 2 more messages in this thread...

First 12 Last

Add MOD (ASX) to my watchlist