mml - an investors view!, page-3

Good work, cpd. I am not a holder, but have been following MML for a while.

While I agree with your analysis, MML has, IMO, some headwinds. I thought I would post so that a balanced view is reflected. As a non-holder - I hope this is OK.

MML is currently a one mine company, so all the eggs are in one basket (so to speak). So a "black swan" event at Co-O is far more serious that for other companies with multiple mines. One mine companies like this normally have a risk weighting applied to the sp.

The other concern is that MML seem to have the "Don Voelte" WPL problem of giving a production guidance figure for a year, then continually disappointing the market and revising down the figure. I am therefore discounting their guidance until they surprise on the upside.

Putting those two negatives aside, MML has brilliant C1 cash costs and a great bal sheet, and I continue to watch the stock with interest.

HT1