My estimate is an EPS of A$0.38 for FY12 and A$0.77 for FY13 (at...

My estimate is an EPS of A$0.38 for FY12 and A$0.77 for FY13 (at flat gold) if production targets are met.

MML have a great record of meeting targets and I will be very surprised if gold remains anywhere near US$1,600 given the chronic financial state that the US/EU/UK, et al, are in.

There are no guarantees of course but I consider MML a quality share to hold whilst currencies worldwide are devalued.

But no surprise there! I have held the same view for 10 years on gold v currencies and for over 4 years on MML. I will probably still be making the same points beyond 2015.
CPDLC