MML 2.41% 85.0¢ medusa mining limited

Ann: September 2018 Quarterly Report, page-6

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  1. 10,469 Posts.
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    tc

    So you think its a bit like the second coming?

    The best part will come 2-3 years time when they have to start an even deeper and more expensive shaft.

    It is pretty painful to hold MML on hopium.

    Needs a management clean out. Then it could become a highly profitable miner, given the size of the mill, ore grade and success with the drill near to the mill.

    But the report could have been worse, and MML will continue as a social welfare facility for the local community and the hangers on (in particular whoever does the work building their shafts).

    loki (not if or when I will buy into MML again)
 
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