MML
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2.41% 85.0¢ medusa mining limited

Ann: Investor Presentation October 2017, page-29

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  1. McNoob
    330 Posts.
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    08/11/17
    13:22
    Post #: 28604784
    Hmm... well if Morningstar thinks that MML's fair value is 55c on 03/11/2017...

    The price of gold was below USD$1270 that day...

    Gold price has climbed since then, and I expect it to climb further...

    So according to Morningstar logic fair value must now be higher than 55c.

    Don't know why anyone would want to sell down here... but oh well...

    Maybe I still have a chance to buy at 3c? =D
    Last edited by McNoob: 08/11/17
    MML Price at posting: 43.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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