It's possible, but I think it's unlikely without a major fall in...

It's possible, but I think it's unlikely without a major fall in the price of gold (particularly in AUD terms).

In Nov 2014, the PoG in AUD terms was $1330. Even with the recent falls, it's currently sitting at $1485...

On top of that MML has reported three very solid quarterlies that have included growing production and a growing cash pile.

So whilst anything is possible, I think if MML posts another solid quarterly next week and the PoG holds at these levels (or rebounds) it will find support well above its previous low of $0.47.