The gold price can weaken another 10-15% and its not going to materially effect MML's ability to produce significant returns.
For me this company boils down to one thing only, can Co O produce 200k ounces per annum from 2013? If it can sustainably then a pog of 1300-1350 is sufficient.
The key risk being its a single mine company.
Looking to add under 4.50, will maintain low portfolio weighting due to the single mine risk.
- Forums
- ASX - By Stock
- mine life
The gold price can weaken another 10-15% and its not going to...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add X64 (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable