Ann: March 2020 Quarterly Report, page-62

Still on my watchlist for sure but the operational issues seem to always come out of the woodwork. The shaft stuff recently was the last straw for me. Unhedged production is a plus but they’ll be ploughing the cash all into that decline for the foreseeable future. There’s been multiple fatalities in last few years from memory.

Lack of promotion by management and minimal engagement with shareholders a big negative.

I didn’t know about Byrnecut, was that published somewhere?

Jurisdiction is actually the thing that worries me least about MML. Strange thing to say I know but they’ve operated there for a decade now and passed government audits etc.