"Forward PE 3/3.5 cannot be denied - exploration upside is big.
Mill replacement alone is worth 200m plus.
Mml is in takeover territory and or a s reaming buy on any metric?
Are you able to verify any of the above comments?
No way is the mill worth $200m. It has an annual milling capacity under 1 million tonnes and would cost a lot less than $200m. What did MML claim it would cost them to install the new 2500 tpd mill?
What is a "reaming buy"?
Who says forward PE is 3? has this analyst got rocks in their heads or are they assuming a USD POG of 2000?
I know its late when you posted and possibly felt a bit mentally relaxed after having a nip or two, but please try to be reasonable.
loki (I know what it is - the post was made in jest)
MML Price at posting:
92.5¢ Sentiment: None Disclosure: Not Held