MML 2.41% 85.0¢ medusa mining limited

CP a good analysis , thanks for the time & trouble I did the...

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    CP
    a good analysis , thanks for the time & trouble
    I did the same for iron ore producers, pointing out that FMG would lose $ 4.5b from annual profits if Iron ore price average down $ 30 ton ( currently its more )---I got moderated

    Question that came to me on the beach this morning. I had been reading an analysis of Barrick gold from Seeking alpha---it is a very low cost , very large producer, lots of debt, but no immediate repayments---and it has been slaughtered in price. But it will not got broke
    But is MML in contrast a very large risk---it is a single mine, in a country where weather events occur, where they are dependant on their mill functioning---and if it stops they are in trouble, no cash reserves to speak of, a poor safety record, some questionable costings, an interim CEO, etc etc---does all this add up to too risky ?
 
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Currently unlisted public company.

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