X64 0.00% 57.0¢ ten sixty four limited

Why is Medusa Mining so undervalued?, page-7

  1. 1,815 Posts.
    lightbulb Created with Sketch. 84
    mml was a fantastic stock in the past, they have had some issues which I think make investors wary. Mine life is not an issue for me, it is about getting some consistent quarters together to get the market enthusiastic again. Plenty of cash on hand, good div just announced, if they can deliver the next couple of quarters we should see a re rate. Management is a doubt, plant has been underutilised for a while which wasn't the case years ago. They have had issues delving deeper underground. I was happy to re enter with cash build and div announcement. Recent mine fatalities may also be an investor concern. DYOR

    ps many gold stocks undervalued at the moment
 
watchlist Created with Sketch. Add X64 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.