X64 0.00% 57.0¢ ten sixty four limited

quarterly not too far away, page-5

  1. 1,035 Posts.
    It really makes me wonder what MML has to do in order to get a fair go from this market.

    - one of the lowest cash costs (sub $200/oz) in the sector
    - one of the highest grade mines anywhere in the world
    - no hedge, no debt, no TAX
    - throwing off c. US$15m cash/qtr
    - met (and exceeded) all their growth targets
    - currently on a p/e of c. 8.5 for goodness sake!
    - replacing production oz as they go deeper
    - now reporting intersections at levels 11-16 whilst still only mining at level 5
    - and several other project areas moving towards development

    Roll on the main market listing in London and a bit more action in Canada. Perhaps it would serve them well if a load of stock was drained away from this market.

    Roll on the finals - perhaps they will do the trick!


 
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