As I thought a couple of days ago, this announcement is just a small capital raising which won't affect share price much at all. People seem to get very excited over not much at all. What we need now are good drilling/assay results to grow the SP. Hopefully this will come in the next six months, but there is still a lot of work to be done. Must always remember that there are over a billion shares in MOD so they will never be worth big $$. Having said that, if it eventually turns out to be a great resource there is still good money to be made long term.
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