MML 2.41% 85.0¢ medusa mining limited

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  1. 204 Posts.
    I was wondering when the quarterly is due, RMS had a good qtrly, and jumpred 7% today.

    I am also seeking further guidance re:

    "The mine review, which also encompassed the issue of “life of mine haulage requirements”, has proposed that a service shaft and a 750 metre deep shaft to Level 16 be considered. This proposal is currently being evaluated, and the final decision for the deep shaft to proceed will be subject to the drilling of holes in the deeper parts of the vein system to verify that the projected depth extensions of the mineralisation are still present at and beyond Level 12 at 550 metres below surface."

    I would also like
    1. Qtrly production of 28,000 oz (record).
    2. Qtrly cash cost US$390/oz
    3. Qtrly AISC US$950/oz

    cash up to US$16m

    I think that would justify a 7% SP increase - thoughts?

    As a matter of protocols per Newcrest debacle - releases are usually done before external presentations.Newcrest debacle
 
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