MML
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2.41% 85.0¢ medusa mining limited

Ann: Half Year Results December 2015, page-24

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  1. Fangk
    1,303 Posts.
    lightbulb Created with Sketch. 56
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    29/02/16
    23:56
    Post #: 17149323
    I am with you mate. With production of 62koz with margin of about $100 to 150/oz, the operation earning can't be as much as $31M, not even with average margin of $200/oz. There must be some one off income or deferred income from previous report period. So I think your calculation is correct.
    MML Price at posting: 61.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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