MOD 0.00% 43.5¢ mod resources limited

Ann: Sandfire to Acquire MOD Resources - Investor Presentation, page-5

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  1. 9,722 Posts.
    lightbulb Created with Sketch. 2935
    Yeah wish I'd had the ammo to buy at that low this morning at 6.26 - then sell my MOD at .45 when given the chance- alas perfect timing isn't often a feature of my life.
    Obviously it will pay to track the SP closer to selecting the option, but there's a limit to the cash portion anyway.
    I was thinking longer term with my comment, but I guess the SP will track how their other assets perform, MOD exploration results pending, and the general copper market - all very complicated and beyond me. But I still see copper heading up with the EV market. This really does add a lot of value to them if funded from cash, but their existing mine is nearing its end? IDK I haven't read but recall hearing that - will the value at T3 make up for that in terms of the SP in 18 months?
    A lot to wrap your head around, but ITMT I'm not settling for 40.5
 
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