X64 0.00% 57.0¢ ten sixty four limited

Ann: Quarterly Report March 2013 , page-7

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  1. 667 Posts.
    It's going to be an uphill battle to reach 70,000 ounces for the financial year now I think and unfortunately that will mean missed guidance again. They will need to produce 24,000 ounces this quarter and do so at the same time as having downtime for commissioning of the new plant etc.

    The 2013/14 financial year should be big for this company providing the POG stays north of $1,200. Given they could miss guidance and the stock may come under some pressure due to tax selling I agree with loki that in June/July you could possibly get MML cheaper then they are now with some MASSIVE upside potential.

    I'll be looking to swoop around that time if the price dips lower.
 
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