MML 2.41% 85.0¢ medusa mining limited

If the real AISC is about $800-$850, why does the half year P&L...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,107 Posts.
    lightbulb Created with Sketch. 115
    If the real AISC is about $800-$850, why does the half year P&L imply a AISC of less than $600. The profit is just too high. After the write-offs in the annual report I expected to see some more realistic matching of costs to revenues. $14M added to development in the half even after all of the write-offs......and it's not the new shaft, as version 1 was supposed to finish mid this year at a cost of $10M.
    Last edited by worzel1: 02/03/16
 
watchlist Created with Sketch. Add MML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.