I think the market has had enough time to digested the latest quarterly result. Also looks like there is a very healthy level of bids at $0.70.
More importantly looking past the disappointment of the quarterly result, the longer term prospects for MML remain the same, and who knows, if the PoG continues on this trend we may end up being grateful that those ounces we were expecting to be mined this quarter remained in the ground to be sold at a higher price in the future...
13 months until the service shaft is complete and Co-O mine and mill can start operating closer to its potential, might have to contain out expectations until then.
MML Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held
