Not a bad summary but a few errors in there. Article states that they don't have any debt but latest quarterly says there is bank debt. Gold production will also not be a direct conversion of mined tonnes divided by the ore grade. The processed tonnes and recovery need to be factored in.
US$1000/oz AISC seems more than achievable after all the shaft works are complete and the extra scale benefits are factored in.
MML Price at posting:
28.5¢ Sentiment: Hold Disclosure: Not Held