They only do that if there is an improvement on what was expected. A nice increase in the cash/bullion situation compared to previous quarter despite $US5.9m decrease in creditors/borrowings. Costs lower than expected while production is up on forecast. Not sure if they can maintain this so still keeping the previous targets.
Painfully slow progress on the E15 shaft, could be delayed a bit more if I read this report correctly.
I do not think you will see that 3 cent/share level, unless something special happens (eg the gold price heads to USD1000.
No point getting excited here. Back to ZZZZZZZZZZZZZZZZ for another 3 months.
USD POG could be hit really hard in Nov/Dec - new Fed head and rate hikes to come. Goldies to cop it in the neck.
loki (MML survives another quarter, and probably into mid 2018.)
Ann: September 2017 Quarterly Report, page-6
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