Tremendous running of numbers there very in depth, thankyou. I am focussing on earnings of 33c per share. That is a big plus.
I notice you factor a 1200 gold price which IMO is good conservative practice particularly after a 40% decline. But hey I would rather be a buyer than a seller at these levels.
The big IF is that if gold can head back up over the next year or 2 toward 1500 us and aisc can stay @ 900 or in that low 900 area MML will be an absolute dividend cow. These numbers are more than probable IMO going forward.
A company can only produce so much free cash for so long b4 the market re evaluates
An end of year target for me is 2-3$
MML Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held
