re: Ann: Mineral Reserve & Resource Update Au... Nice charts Chuk and nice to see to some active discussion on MML. To me anything under $2 is good buying but as for some of these share price predictions I'm not so sure. Consider the following not too long ago MML was going to have a dual mine 400,000 pa, the delay in establishing the 2nd mine is due to the lack of margin thanks to the 2nd location being low grade in nature. Sure Co2 mine has a fantastic head grade near 10gt but guidance needs to be met not only to improve confidence in management but also improve MMl's poor liquidity situation.
Returns look attractive for those willing willing to chance their arm on a board which has over promised and under delivered with respect to production guidance. Perhaps infrastructure issues that have hindered production have been addressed enabling management to meet targets...time will tell.
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re: Ann: Mineral Reserve & Resource Update Au... Nice charts...
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