I agree the C&M, its a fact.. but redundency means lower production efficiencies hence high production cost. Back last decade, its all about shortage of skilled employees to any of the miner or contractors but now companies have greater focus on production efficiencies but not necessarily redundency.. appreciate it, i understand that MML doesn't have a positive cashflow but if you look around, others miners like PRU, KCN, and others dont have either... its been a tough year for the last couple of years, POG is still in the lower range...
Dont want to argue with you but I think MML has its advantage which they have no debt.. but management is having real issues to not communicate with the market and holding up info to their chest... i would like to see some changes that's for sure.
MML Price at posting:
$1.35 Sentiment: Hold Disclosure: Held