Ann: SFR: Media Speculation - MOD Resources Limited, page-16

Well there's no way I'd criticise anyone for taking a quick profit @Denial...

This story is not just the T3 jork resource.
imvho that's simply the security that guarantees a value here that is far higher than the current Mcap (of course there are no guarantees - my valuation only), real value here is the potential the rest of the licenses offerr.

I say this as imo the NPF is going to be one of the real jewels (perhaps the biggest), the others being the domes identified by EM so far, possibly headed by what T20 has to offer.

In summary SFR have acknowledged enormous potential here married with a very safe resource in T3.

The macro Cu outlook is good short term due to LME levels.
It's very good medium term because you need to factor in the supply issues caused by disruption over the next year.
Longer term (again imvho) it's ridiculously good because there is little disagreement that supply issues will cause a repeat (and I hope exaggeration) of previous cycles.

So take a quick profit by all means, but keep this on your watch list.
I doubt you will be disappointed, except maybe with a nagging feeling your very rational decision meant you missed a larger slice of what became a very explosive sp.

atb
JS