Ann: Quarterly Report March 2013 , page-57

Mike,

If they do delay, their credibility with the market, which is already poor, will be "shot". MML is not a divi stock, it is a growth stock. Investors see Gold production climbing from 100,00 oz per annum to 400,000 oz per annum. Factor the revenue in and determine it is worth buying. If Bang is deferred due to "can't find a place to put the processing facility due to the drilling" that is OK. If Bang is deferred cause "don't want to progress it now", then it will be warning flag to investors that the company cannot be trusted.

HT1