Cheers for posting Brass... I'm already sold, but great to have everytging recapped...
To put it simply, two factors why I really like this investment as a mid to long termer,,
1) Regional exploration drilling has all of the potential to shoot SP way up with one big strike. Looking at neighbours (CC), they have found copper everywhere with many high grade high tonnage sites being developed...
MOD have a huge area to explore, and so many opportunities to stick drill bits in and come up with finds that immediately suggest double/triple their copper inventory as it is now...
Exactly what I look for in spec stocks with good ground to explore.
Not even factoring in plusses of management, supportive district for mining, proven low cost exploration,,,, simple any one of their EM targets can be an instant game changer...
2) above would be reason alone to have some skin in MOD for me,,, but to underpin your investment, they are already well on their way to developing a profitable mine. Near term news on that front, PFS, resource upgrade, should keep SP stable and maintain investor interest..
And at any stage exploration can turn MOD into a bagger..
Really happy hold here with huge value adding potential, and a fair price at the moment with not much inflation... And in my opinion, sentiment will only improve if exploration can have some luck
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