MML 2.41% 85.0¢ medusa mining limited

Yes US$1000 is definitely not out of the realms of possibility...

  1. 3,000 Posts.
    lightbulb Created with Sketch. 455
    Yes US$1000 is definitely not out of the realms of possibility given company form. If the steady state cost were that high I wouldn't be comfortable investing.

    I'm in the camp of waiting another quarter or two. Cash balance is a concern for me. I know it goes against company philosophy but surely if gold gets up over US$1300 it might pay to lock in some short term hedging until the service shaft is complete. I guess maybe a capital raising
    isn't a major risk if they have the bankers on side.
    Last edited by nordesmic: 10/08/17
 
watchlist Created with Sketch. Add MML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.