It's the first time in a long time that I can remember that a guidance update was positive rather than negative. This is long overdue for this company. I like the conservative tone, especially even amongst the announcement of good news they still warn that the second half of the year will be unchanged. Hopefully it won't be.
The market punishes bad news severely in these miners and rewards good news slowly.
Slow and steady wins the race........
MML Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held