Julian Hanna says the PFS clearly demonstrates the project's strong technical foundation.

Mod releases positive PFS

Copper explorer MOD Resources has released a favourable pre-feasibility study for an open-pit mine at its T3 project in Botswana, which has an estimated annual free cash flow of $US77 million ($95 million).


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
15thMOD Resources564%54%
392ndCassini Resources3%8%
478thWest African Resources-7%18%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

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


190th↑West African Resources$210k
191st-Nemex Resources$209k
192nd↑MOD Resources$205k
193rd↑Cassini Resources$200k
194th↑Dynasty Resources$190k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from MOD Resources

696thJulian Hanna$160k
860thMark Clements$108k
1151stSteve McGhee$53k
Ranked by total remuneration from all listed WA companies

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