Maybe but the market is down on all Phillipines miners because of her...Gina . priced in.
Maybe if the price of metals rose and there was more money in it ...the authorities wouldnt be so down on mining....priced in
To be fair this is one area mml have worked hard in...maybe if they stopped playing on the golf course they'd have time to produce some gold...must be tiring.
Golf all day and burning dollar bills all night. ...coal?..who needs it..
Tbh this is why i have been buying while sentiment is sssoooooooo down.
Darkest just before dawn and all that.
Just imagine. ...gold doesnt go down, the next quarterly isnt a disaster, gina goes ...or at least chills out. Mml puts some dollars away.
There is already so much negativity baked into the sp....not to say the next couple of quarters wont be ugly. But this is when to buy ? Blood on the streets....when / if things improve the sp will be higher too.buying op missed.
Not talking betting the farm or anything..
I reckon , now till july will be good buying......then things improve slowly, or just stop getting worse anyway...
Sit back then and when the buy crowd ramp up .....shuffle closer discreetly towards the exit....
I reckon we retest 32c or worse...i will buy then its less risky....people just bought at 46.5 the other day ...cos things looked rosier....or less risky..
Buy when sentiment is absolutely on its knees....not quite there yet i fancy.
Anything other than total disaster and misery will he greeted with a rising sp.
The time to load is approaching i hope..low 30s
Had a couple so could be sprouting complete bxllxcks. ..
Anyway dont think market will be impressed. ..note the fatality rns was released after market close on friday too..
Gltah tc
MML Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held