What's happening with copper at the moment is very interesting. I was on a conference call with Tony Manini (Rio Tinto/Oxiana/Oz Minerals/Tiger's Realm Minerals) 2 weeks ago and he is very bullish on copper going forward. In his words, commenting on the forecast copper deficit " all hell will break loose for the share prices of those few listed developers". He sees copper following coal, and given his experience in both commodities he is I guess well placed to opine.
MOD with their Botswana holdings and discoveries are going to be very well placed just as the deficit hits.
MOD Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
