Ann: Market Briefing May 2016 - Medusa Mining Ltd-MML.AX, page-6

On what was said within the briefing it was nice to have the following reaffirmed:

So the new CEO seems to understand the principle of the 5P's "prior planning prevents poor performance".

Indeed, I think focusing on expanding the reserves will help the market to start looking at MML as a gold miner that has a long future. I think it's levels of reserves (and to a lesser degree resources) are potentially holding down it's share price (once you've looked past the operational issues).

Some positive news on this front would be both timely and welcome. The market needs something else to talk about other than how horrible that Q3 result was!

Music to my ears.

Finish the capex, give the market some FCF to talk about, then ramp up production in FY18 and all will be forgiven in time.

I feel like this was probably stating the obvious, but maybe the market needed to hear the new CEO state the obvious to at least give us some hope that "knowing what to do" might actually lead to the MML management getting it done.

Keep up the good work Boyd!

And keep us posted.