MOD 0.00% 43.5¢ mod resources limited

Ann: Trading Halt-MOD.AX, page-8

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  1. 1,014 Posts.
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    I've been concerned as well but think the rise to 6.2 was off the back of some articles so probably overshot fair value. I was hoping for it to settle back at 5c so it's well down on where I would like it.

    What's a good result/bad result guess you have to try to place a value on the resource. Personally I think it's gonna be around 375000 kg of copper which I think will support a share price of around 4.5c on its own (excluding mahomo). Again I have to stress I have very little geological knowledge so could be well off the mark
 
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