A very good result for MML. It's great to see the company both...

A very good result for MML.

It's great to see the company both communicating with shareholders and meeting market expectations (and slightly exceeding them in this circumstance).

Another 6 - 12 months of maintaining the December production levels and I think we will see a lot of analysts revising up their FY15 earnings and price targets.

I think it's a good buy at this price especially if the tailwinds of a stable gold price, low AUD and low oil price remain over the next 6 months.

I expect if production goes to plan (and all else remains equal) MML will be back above $1 within a couple of months (maybe sooner) and surging back towards $1.50 within 12 months.

As always, DYOR.