MML 2.41% 85.0¢ medusa mining limited

Of course it is priced in, we are trading below 50m$ for a 85k...

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. 16 Posts.
    lightbulb Created with Sketch. 2
    Of course it is priced in, we are trading below 50m$ for a 85k producer. And it's not like we have a struggling producer, who will get out of business when the gold price drops another 2.5$, they actually got out of this severe bear market pretty healthy, at least compared to many other producers.
    What I read out of this guidance is, that management is tired of disappointing share holders and finally make a wise move, so they can surprise to the upside. They should have done this a long time ago, but then again I wouldn't have been able to buy it at these ridicilulous low prices.
    Gold is in a new bull market, one final sell off is coming and after that you will see the sentiment in this forum change quickly.
 
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.