The recent AUD rally has made MML's eligiblility for GDXJ even...

The recent AUD rally has made MML's eligiblility for GDXJ even more of a realistic possibility.

With the AUD/USD @$0.77 MML SP only needs to be $0.937 to meet the US$150M threshold.

So @ today's SP high of $0.915 MML is only spitting distance away from GDXJ eligibility on a market cap basis.

As for turnover at the current AUD/USD rate, by my calculations MML needs an average volume of 1.39M to hit the US$1m daily trading volume criteria.

So it's starting to look like a realistic possibility now.

A good Q3 result at this stage would do wonders for MML's cause.