I recommend that everyone look at the latest cannacord research on the MOD website very interesting, two takeaways for me the unrisked valuation and the leverage on the valuation to the price that they do the capital raisings at to pay for the processing plant, the higher the price the less shares issued and there for the higher the ultimate Target price for the stock....sorry I don't know how to put a link in....
MOD Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held