Thanks @gold5000. There is a rumour going round that it was half that much to be raised at 4.7c for a share placement. Then half of that again for an RI. We'll see.
I'm sure they'll need that for exploration etc. Also there's been talk of the DFS costing up to $5m?
I'm seeing some seriously positive signs as the project shifts through the gears. Any good raise will be consistent with the message at the beginning of the year which was 'MOD commits to major exploration campaign in 2018'. We need that DFS to be on time.
All looking good IMO and I'm keen to hear any results re the geology at A16 and T-Rex.
MOD Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
