I see that RED have purchased two gold projects in WA and there is speculation that this might mean they're selling out of Siana in the Philippines and maybe the investors who dumped MML yesterday think that we are the logical buyer.
Again I say NO to any such deal as we don't have any funds to finance such a deal and don't want the huge dilution that would subsequently happen. If anything we need to diversify out of the region also.
MML Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held