MML 2.41% 85.0¢ medusa mining limited

Sheesh. The frustrations of owning this stock are becoming...

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  1. 6,756 Posts.
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    Sheesh. The frustrations of owning this stock are becoming apparent. There goes the profit and more importantly the cash flow surplus for the quarter. I truly hope those Philippine Directors do have generous bankers. All the reasons are only temporary and I would have thought the flooding issue would already be behind them. Worker absenteeism - are they taking summer holidays?
    With the final result for FY17 now a lot lower, it will be much easier for them to do more impairments to the Balance Sheet in the full year result and I'm fully expecting it.
    I don't think Arbiter will be fazed but maybe they'll let it drift next week.
 
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Currently unlisted public company.

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