Ann: Terms of Appointment of CEO-MML.AX, page-6

Assuming similar level of ore throughput, cash costs, grade and investment outflows, the numbers might look like this:

Milled ~ 144kt
Grade ~ 6.8g/t
Recovery ~ 94%
Production c. 29.6koz
Average PoG @ US$1,190/oz
therefore Revenue of c. US$35.3m

OP costs ~ US$12.9m
Exploration ~ US$2.7m
Capital Works ~ US$4.2m
Development ~ US$6.8m
G&A ~ US$1.6m

Therefore potential FCF of c. US$7.1m

Then probably split between reducing liabilities and increasing cash. But in what ratio I cannot possibly guess.

One way or the other we should know by the end of April.
CPDLC