MML 2.41% 85.0¢ medusa mining limited

Ann: Quarterly Report December 2015, page-30

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  1. 912 Posts.
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    I think continuing the service shaft to Level 10 is a good thing long term. Most of the ore movement in future will be below Level 8 and this will de-bottle neck that mining. Of course adding 8 months to the schedule at this late stage is painful to Investors, but will be appreciated in future years.
    Good to see a bit of free cash flow even with development going on.
    If POG heads suddenly north SP will get lively.
 
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