So on conservative estimates they are forecasting MML will be...

So on conservative estimates they are forecasting MML will be throwing off US$17M in cash a year, which is $23M in AUD...

So what is a reasonable free cashflow yield for a gold mining company? 3%? 5%? 7% 10%?

Assuming 23M FCF:

SP @ 10% FCF Yield = 23M/0.10/207M shares = $1.11
SP @ 7% FCF Yield = 23M/0.07/207M shares =$1.59
SP @ 5% FCF Yield = 23M/0.05/207M shares =$2.22
SP @ 3% FCF Yield = 23M/0.03/207M shares =$3.70

How many ASX200 companies, if any, have a FCF yield above 7%?

Last time I checked average FCF of the ASX 200 is 2% - 3%...

So is something VERY wrong with MML's operation or is the market just depressed about gold mining prospects (which is understandable with gold in USD falling lower, but somewhat irrational given that the gold price in AUD is getting close to being as high as its ever been, broke through $1570 yesterday)...

Can someone please tell me where I'm going wrong...

Why has MML just dropped below $0.80?

I'm finding it so hard to not buy more at this price when I'm already overweight gold mining.