Ann: March 2020 Quarterly Report, page-15

MML is cheap on all metrics and importantly: unhedged.

Just a matter of time until we will be seeing 1AUD+/share again. I think on a P/E Ratio or EV/oz Ratio MML must be among the cheapest Gold producing companies right now. If they can add around 9 M USD of cash backing per quarter and gold stays at These levels, in a year's time, we would be sitting on a cash pile as high as our current market cap.

Haven't seen another 100k oz Gold Producer with These kind of metrics...

Cheers