{"id":1095471,"date":"2019-01-22T08:06:00","date_gmt":"2019-01-22T08:06:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=fb6ffc3dc6d39371f62a75342159bab7"},"modified":"2019-01-22T17:34:14","modified_gmt":"2019-01-22T17:34:14","slug":"mod-resources-surges-says-sandfire-takeover-undervalued","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1095471","title":{"rendered":"MOD Resources surges, says Sandfire takeover undervalued"},"content":{"rendered":"<p>The share price of copper developer MOD Resources increased by 50% on Tuesday after the company told shareholders that the A$113-million indicative takeover offer from fellow-listed Sandfire Resources undervalued the company.<\/p>\n<p>MOD on Tuesday revealed a A$15-million capital raise to fund working capital to advance its T3 copper project, in Botswana, towards production and for defining additional resources within the surrounding T3 expansion project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The share price of copper developer MOD Resources increased by 50% on Tuesday after the company told shareholders that the A$113-million indicative takeover offer from fellow-listed Sandfire Resources undervalued the company.<\/p>\n<p>MOD on Tuesday revealed a&#8230;<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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