MML
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2.41% 85.0¢ medusa mining limited

The cost is much higher than spot gold price

  1. HSP
    4,103 Posts.
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    13/01/17
    18:04
    Post #: 21885476
    The Company’s production & cost guidances for FY2016-17 downgraded with a big step.
    I think it is going to make loss as The cost is much higher than spot gold price.

    AISC of US$1,250 to US$1,350 per ounce.
    spot gold was US$1195
    MML Price at posting: 45.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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