Just receaved this info from a Bloomberg notification here this morning........my interpretation is that as [ all here stated a week ago ] Copper is expected to surge past $3.00 anytime now...from Mondays settlement price of $2.9. Copper is in such demand owing to global inventories being 43% down..in the past yr [ 2018 ]. This knowledge suspected last year, and the UK trade mission mid last year it seems was bascically to support Barclays Investment Div, to participate in the funding of Cupric's zone 5 ? The aftermath being MOD being included on the LSE to increase our own exposure to the funding required for the rest of the Belt being develloped by MOD. The Copper shortage is here maybe faster than anticipated....and as we punters are the last to be informed, and the price [ sp ] is so low ? I am expecting it to surge likewise on the back of the above info, let alone the drill and assay / resource upgrades we are about to be presented with alongside the DFS. Likewise I cannot help conclude that our funding could well be " in house " by a major absorbing 100% of MOD. But I also would hope in this case.....that the exploration aspect of the existing MOD team.....would be detained to continue the resource capacity. Just a thought.....I wonder if the original position of the site designated for the proposed mine in the due DFS.....will be changed owing to the locality of the surrounding domes determining the mean trucking distance best for final location. Forgive me if this sounds a ramp.......it isnt....its just worthy of discussion. Regards.
MOD Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held