MML 2.41% 85.0¢ medusa mining limited

Ann: September 2018 Quarterly Report, page-2

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    Level 8 Shaft:
    Continued good utilisation of the shaft for hoisting, helped to maintain good hoisted tonnes through the L8 Shaft, offsetting the reduced haulage through the other shafts. Utilisation is expected to improve in the second half when the E15 Service Shaft becomes operational.


    So no E15 until next year and even at an AISC well below the gold price $3.3M has left the bank account...

    It's a different quarterly, but the same story.
 
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