Member Info for louis007

At a glance, they’ve offered 30p a share? Am I right?

“No one understands these RNS’s” You’re suggesting a mining exploration company shouldn’t communicate assay results because you don’t understand them. A company must communicate price sensitive information. Your inability to understand them isn’t their fault. It’s not smoke and mirrors. Words fail me. GLA

and cashing you still haven’t said why you spend time here. If it’s so bad why would you be waiting to buy in? Why invest your time? I’m sure it’s not altuistic.

I take it your out at the moment, but waiting keenly for a good entry as you rate this.

With a DFS of c$300 mtr would be sitting very pretty! The t4 assays were good, remember 1%copper was meant be be dead these days! I think there’ll be more to come, especially remembering the number of targets and our acreage.

Bonkers, many think it’s very undervalued: RE: Share price Valuation: Undervalued even at our base case We value MOD at a price of �0.39 (A$0.64) per share using a SOTP valuation for the T3 deposit and other early-stage projects. This provides an upside of 117% on the current share price. T3 has a very low capital intensity compared to other projects and an all-in sustaining cost in the bottom 35% of global copper projects. We believe MOD offers attractive exposure to a commodity with attractive supply-demand fundamentals over the mid to long term. https://www.edisoninvestmentresearch.com/research/report/mod-resources/ful

I’m thinking mod will find an alternative to a placement, maybe another Jv or use a company like sprott to fund?

That seems to be the mo. Just keep cashing in whilst maintaining our interest in mod. Excellent methodology, how many more targets to go?

We are delighted to report the results of the first phase of drilling and a preliminary conceptual underground mining study on the A4 Dome, both of which indicate the potential for another significant copper resource only 8km from the planned T3 Project processing plant. The findings provide strong support for a decision to step out the drilling to the rest of the A4 Dome prospective target area and start to work towards a A4 Dome maiden resource in early 2019. We look forward to updating shareholders on our progress in the new year.

Sold our commitment to fund this bit of t3, but still maintain returns. Win win deal that I’m very happy with.

Yep, now they know resources are so good probably worried about MOD raising cash as production goes ahead. A raise that MTR ARE PROTECTED AGIANST with zero cost warrants to maintain our share in the company.

Looks very good to me! After the senseless price drop at mtr I’m ignoring all the (false?) signals from the market and staying long and strong here, like Sprott who aren’t fools.

https://www.edisoninvestmentresearch.com/research/report/mod-resources/preview/ Well worth a read!

Sooo much potential here!!

Thanks TBCP, I feel that too. I’ve said before, shorts are guaranteed buyers, not long now I hope! GLA

Welcome funky, waiting for the bounce here. So much potential!

Are they setting this up for a take over? Hope we don’t accept anything below 5p.

Back at 3p by spring imo, these prices are rediculus.

quiet here without you Bol, x

LOLs