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Julian Hanna says the agreement provides a number of benefits to Mod.

Mod in $27m copper deal

MOD Resources has moved to full ownership of its T3 copper project in Botswana, after acquiring UK-based Metal Tiger’s stake of the project in a scrip deal worth $26.6 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
4thOrminex1000%62%
72ndJameson Resources73%-9%
516thMetals Australia-25%-29%
625thMOD Resources-42%1%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/04/18
$126k Issued
09/04/18
$71k Issued
09/04/18
$215k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

208th↑Jameson Resources$214k
209th-Nemex Resources$209k
210th↑MOD Resources$205k
211th-Orminex$203k
212th↑Metals Australia$201k
512 listed resources companies ranked by revenue.
Source: Morningstar

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