MOD 0.00% 43.5¢ mod resources limited

Im fairly comfortable that they are aligned with investors given...

  1. 3,063 Posts.
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    Im fairly comfortable that they are aligned with investors given the amount of stock they own. The story has been quite well articulated IMO and it’s not like they haven’t been out to investor conferences (diggers and dealers, Africa down under, 121 mining ...just since August). They see it undervalued, you feel their frustration and hence they are listing in London where African plays are not discounted as hard (Aussies are a tad ignorant IMO).

    I can’t fathom why it took them so long to get approvals to drill and why it takes so long to get core assayed but this is part of an African junior explorer IMO. They’ll sell the story when they build it - and that’s what they are doing with the T3 DFS and exploration. They appear to be doing alot of work behind the scenes - you can pick that up... met work, drilling, geology, and you can see in the quarterly they have been hard at it getting various forms of funding for T3 as well as exploring strategic options to fund regional exploration.
    Last edited by Cashmeoutside: 13/11/18
 
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Currently unlisted public company.

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