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
MML Price at posting:
86.5¢ Sentiment: Buy Disclosure: Held