MML 2.41% 85.0¢ medusa mining limited

It is back on track indeed Its a turn around, this will hit over...

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  1. 1,963 Posts.
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    It is back on track indeed

    Its a turn around, this will hit over $1.5 soon like before. The figures look good compare to what ever it is back 6 months (but SP is high at that time)

    This will sure hit over $1.5 in coming months as it improves production and the production cost is one of the lowest in the world and the profit margin grows with the POG

    Forecasted gold production: 95,000 to 100,000 ounces
    Average head grade of > 5 g/t
    Mill recovery > 92%
    Forecasted cash costs: US$400 to US$450 per ounce
    Forecasted AISC: US$900 to US$1,000 per ounce
    Immediate focus:improving efficiencies; and reducing costs
 
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Currently unlisted public company.

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