Free cash flow(after tax) of around $US50mil in FY18 - current Market cap of $US72mil($A96.6mil).
Expecting 5c dividend in Sept18.
Hoping for more write-downs in Mine development costs in FY17 accounts in addition to the $55mil taken in the half year accounts as want that amortisation charge to decrease in FY18 so NPAT rises substantially as some investors look at that figure although I'm focused mainly on FCF.
I am expecting/want to see production of 25,000 ozs in the Mar17 quarter and 30,000 ozs in the Jun17 quarter.
MML Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held
