MML 2.41% 85.0¢ medusa mining limited

MML very low valued

  1. 1,963 Posts.
    lightbulb Created with Sketch. 5
    I was holding this stock since 2012

    Back in the days when no new mill installed, gold at 1300 and production very low when compared to today, still MML have a huge market capital and SP is around $3 - $4

    New mill installed, gold at $1360 and production increased to 110,000 ounces per yr - here we are valued very low at 79cents. Shame that the market do not see the potential of this producer. Soon it's going to finish its new shaft, the production cost will get slashed more and more margin will be gained. There is a huge scope to move the SP from here, IMO it will be a 5bagger at least.
 
watchlist Created with Sketch. Add MML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.