Seeing not much is going on at the moment, I was looking at possible analogue companies to MOD and at their current stage, and wonder if anyone follows our would like to have a look at VXR?
I don't hold them, nor know anything about the company or management or anything, so no intention as a cross promote,,, just in researching copper plays with recent DFS, they released theirs in October, and to the same fate as all of our announcements with macro issues completely overshadowing a major progress update and the market 100% ignoring it.
Being a few Months ahead of us, now seeking funding for their mine, I thought it could be a good case study of how they will handle finance, and also how the market and share price reacts, but again my knowledge is limited, so would love input if this is a good case study to watch and learn from in advance of MOD going through a similar process.
Basically it was the closest play I could find in similaries at this moment to MOD, excluding the upside of MOD exploration which I think is a bit more unique and could change our whole financing outlook if something big came up and was actually able to push this share price boulder back up the hill a bit, pre DFS time.
This was the article that drew my attention as an analogue to MOD.
https://finfeed.com/opinion/speculate/big-news-venturex-goes-unnoticed/amp/
Again, no intention to cross promote as today is my first experience of VXR, but very curious if anyone can draw any thoughts that would be of benefit to someone holding MOD.
Cheers