Light at the end of the tunnel?, page-21

And now that the new R&R statement has been released it looks like the resource itself based on the 2013 scoping study makes it uncommercial.

Even if MML was mining in a jurisdiction where the government was supportive of mining (which it isn't) I can't see how a company can pay US$220m in capex to mine a resource with only 435k oz!

At this point I don't even think continuing drilling at B1 and B2 makes sense given that it will be unlikely that they can bring them into operation under the current government. Better to focus its exploration dollars on Co-O for the next 6 years and look for opportunity to build its second mine in another mining jurisdiction. There are still some modestly priced explorers with decent resources in decent jurisdictions out there for a cashed up investor.

I'm hoping this is something the management can focus on once they get more FCF position in the next two quarters.