Hard to say it that will be the floor. Market didn't get a lot of time to digest the report. Was only published 20 mins prior to close and only ~20k shares traded after its announcement, but it did trade up to 40c from the 39.5c it was prior to the announcement.
That said, I imagine a fair chunk of this report was already priced in due to the downgrades couple of weeks ago.
I still think its a buy below 45c at $1200 gold.
MML Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held