MML 2.41% 85.0¢ medusa mining limited

Ann: September 2017 Quarterly Report, page-7

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  1. 330 Posts.
    lightbulb Created with Sketch. 10
    At this rate they should be making

    AISC USD$973, Gold price USD$1280, 90,000oz production.

    ((1280 - 973) / 0.8) x 90,000 = AUD$34.5m per year!

    This is stupid... MML is trading at a PE of 1.7!
 
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