MML 2.41% 85.0¢ medusa mining limited

News: MML Medusa Mining revises production guidance, page-28

  1. 70 Posts.
    lightbulb Created with Sketch. 8
    Well, well, well. My basic maths applied on the 29th November has proved to be correct as to Guidance for the year ending 30th June 2017, at 85,000 oz. (4 times 21,157 oz.). However, given the new maintenance problems in respect of L8, maybe the Guidance should be more around the 73,000 oz mark. What do you think TA?
    To make things worse, with the elevated AISC, my understanding is, this mine is now operating at a loss. Please correct me if I am wrong. As always DYOR.
 
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.