It would be nice if drill results didn't matter, but as '18 is the year of a big capital raising, they are critical for us to protect against dilution, the downside of drilling is if the results aren't fantastic then the stock could weaken to say 4c short term and down at these levels the percentage increase in new shares would be horrific, of course if they confirm everything we hope for and the stock rallies to say 12c then our dilution will improve enormously, so it's all to play for.
MOD Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
