MOD now on hunt for T3 development capital

COPPER contender MOD Resources is seeking funding of about A$250 million to develop the T3 project in Botswana, with the planned operation modelled to have a pre-tax NPV of over $500 million and an IRR of 33%.

MOD now on hunt for T3 development capital MOD now on hunt for T3 development capital MOD now on hunt for T3 development capital MOD now on hunt for T3 development capital MOD now on hunt for T3 development capital

The core issue now for MOD is finding funding for T3

Those numbers are generated using a long term copper price of US$3.08 per pound and an 8% discount rate.

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