Biggest news in this announcement is the new shaft will be deepened to level 10 and the project won't be finished for eight months. It is unclear to me what effect this will have on production going forward. Will higher quantities of ore not be available for another eight months?
Long term deepening the shaft now probably makes sense
Cash balance is a nice improvement.
I sold out prior to the quarterly. May consider re-entering but want some clarity around a few things.
MML Price at posting:
39.0¢ Sentiment: None Disclosure: Not Held
