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
MML is cheap on all metrics and importantly: unhedged.Just a...
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