I can also confirm the positive message that came out of the London presentations, as I also attended the ProActive one.
I have been a holder for 4 years and fully expect to still be a holder in another 4 year's time. MML is one of the few stocks that I feel I can just leave alone and trust management to continue with an excellent job.
MML summary:
- cash generative at one of the best margins of any gold stock
- unhedged with no debt
- near-term growth fully funded internally
- exploiting significant additional license areas for Au/Cu
- benefits from generous regional financial incentives
- experienced and productive work force
- strong social commitment to local area
- very focused on providing a progressive dividend policy
- etc, etc
I find many reasons to stay invested in MML!!
CPDLC
ps. I also fully expect a significant rebound in gold this summer as developed nations print more currency to stimulate growth and reduce over-hanging debt!
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