re: Ann: Mineral Reserve & Resource Update Au... No doubt you do...

re: Ann: Mineral Reserve & Resource Update Au... No doubt you do chuk but others I'm not so sure because the gold sector in general is most reluctant to detail their total production costs. MML has outlayed considerable expenditure on maintenance and improvements which also hinders margins.

Just looking to provide a balance because prima facie MML's cash costs are very compelling but fail to account for 'unseen costs' and one can not simply dismiss these as one off costs because MML's operation is geographically exposed severe weather events (floods, earthquakes and land slides). I'm sure there are some that think MML has a margin of $700-900 margin per ounce at current prices and this isn't accurate. That being said the gold sector in general is oversold and that fact alone indicates potential for contrarian position takers. GLA