What I forgot was the suspicion that there could / would be a take over of MOD as the massive size of the belt concept is much more than a junior [ regardless of exploration excellence ] could aspire to ? The question is " when " I think the end of 1st Qtr [ Mar ] when the DFS and mine plan / costs are a definate........on the upgrade about to be announced any time now.....and the ability to start and complete within worldly economic parameters and the recognition by the Government of the day.....to assist changing from a " Diamond " economy to a Copper one. It would have to be iether BHP or the likes of. If this did occure...as it is likely to......MTR would still be left standing.with 30%...plus their other licenses and the Kalahai Metals 50% JV............[ and this is partly.....I beleave ] why sprott initially invested in MTR and not MOD ? The above speculation will be contested, I am sure.......but the more debate there is ....the more informed conclusions can be made. I have deliberately not qouted back up figures.....or financial details as I feel it tends to confuse me......let alone other investors.......but a good dose of common sense and a bit of respect for fellow punters.....most concepts can be unravelled and diagnosed and a better idea formed...owing to the nature of the investment world which states that any news is subject to scrutiny prior to public divulgence......owing to unfair financial advantage.......hence the need for an RNS. Regards.
MOD Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held