rerating proces MML

The improvement proces of the SP is rightfully depending on the production level reaching full capacity and the investors having enough trust in the mgt of the company. The first is something the company is working on right now and is coming into place in the next 4 quarters. So every quarter the company is showing a proces towards 170.000 - 175.000 OZ per annum the trust into the company will rise.

It is very difficult to predict how investors will react on this. I personally believe that returning to paying a dividend (the company will have to decide on the appropriate level) will give confidence a boost. A rising gold price will also help. But the most important change will have to take place in the heads of the investors. They will have to look into the mirror and say to themselves: we will miss a lot if we don't get on board of the MML-ship. A timeframe is very difficult to predict, but I am positive that it will happen sooner than later. the first destination of the SP is somewhere around the 4 to 5 level. Higher levels are possible but then the company will need to find a second production location next to the CO-O mine that will drive the production towards higher levels than 170.000 OZ