MOD 0.00% 42.5¢ mod resources limited

Thanks for posting Juststaying, The MTR CR is quite attractive...

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  1. JID
    3,568 Posts.
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    Thanks for posting Juststaying,

    The MTR CR is quite attractive and includes a nice warrant. Sprott allocation is small and thus will get snapped up quickly. I have chosen to stay with MOD.

    A couple of interesting points from MTR interview from my perspective

    (a) From 1:30 mark. "Lower Zone" identified. At T3 this grades 0.6%. However, looks to be higher grade in current drill hole. "Potential for this to stretch across the entire belt".

    A bit tongue in cheek from me, but Kamoa Kakula anyone?

    (b) Sounds like MTR have the same view as I do about the best way to achieve value uplift here - drill this tenement full of holes.

    Cheers
    john
 
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