mml - an investors view!, page-4

"I therefore estimate FY13 EPS may rise to A$72c/share and to A$134c/share by the end of FY14."


Happy new year, CPDLC.

I've been buying too lately based on 1) anticipated jump in Dec quarter production to 25Koz improving their immediate cash position, de-risking the company; and 2) ramp up to 50Koz per quarter from June/July and the impact on FY14 earnings.

It's instructive to compare with the FY11 financial result... earnings of $US 0.59 per share were achieved from sales of 96,000oz and average gold price of $US 1371.

This year the market should begin to price in value for Bananghilig when its feasibilty is released. Someone posted from the AGM that we can also expect news shortly about the Anoling project starting production, supplying ore to the Co-0 mill.