MML 2.41% 85.0¢ medusa mining limited

60k for Q1 and Q2 would be a spectacular result (as would 80k in...

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  1. 812 Posts.
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    60k for Q1 and Q2 would be a spectacular result (as would 80k in the second half)... I'm not expecting anything like that.

    9 months ago the share price was sitting around 70c and they were saying 110k oz at $1050 AISC... at best it looks like they'll do 85k at $1300!

    I'll be very happy if they offer guidance of 125k with an AISC of $900! I'll be even happier if they actually hit guidance next year.

    Actually that is one thing we can look forward to in three months. FY17/18 production guidance. Will be interesting to see how confident Mr Boyd is that everything is going to plan and we will get to see it before the AR and R&R update.

    Should be quite telling... and if there are serious service shaft delays I suspect this is when they'll have to come clean as guidance of below 120k oz will make no sense.
    Last edited by cncventure: 30/04/17
 
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