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%.

The core issue now for MOD is finding funding for T3

28 March 2019
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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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