The presentation was interesting and the comment that MOD are looking for at least 10MT @ 1-2% from underground at T3 and that they think they are on track is very encouraging. This is different to Sprott's assessment so, if they can achieve this it may surprise the market.
This would suggest 100-200kt more Cu, a 25% to 50% increase in metal and likely a major change to LOM, NPV, IRR.
.... And there are multiple newly identified targets within the Dome complex.
Buy MOD. Put the shares in a locked safe and throw away the key. In a few years you'll be glad you did.
Cheers
John
MOD Price at posting:
5.0¢ Sentiment: None Disclosure: Held
