Thanks mate, I'll just be doing the financials and mining plans that you all guys all know about from website and Anns. But I'll share my thoughts either way. Currently as I said first numbers are veyr attractive, but they're based on $3US Cu price, so they're relevant on condition that one believes in continued strength in Cu, which I do; I believe the three most likely threats to the markets in general don't really have a bad effect on Cu so that'll be my basis. Adjusting NPV to $2.20 as realistic worst case (barring black swan) and plugging in $4 as possible case .
Then it's down to nice simple risk/reward.
MOD Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held