X64 0.00% 57.0¢ ten sixty four limited

More of your selective quoting again? "Trying to be positive in...

  1. 14,358 Posts.
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    More of your selective quoting again?

    "Trying to be positive in speech has no influence on the market!!!"
    Was I trying to be positive? I didn't notice. I said IF the sector rallies, would it be enough to drag MML up with it? The main theme of the same post that you quoted from was this;

    "but is honesty enough if guidance needs to be drastically reduced? Mc is much lower now at 158mill compared to 300mill a few months ago when the market was pricing MML on previous guidance. Market might now be allowing for half the oz's but what about AISC? If the market allows for half the margin on half the oz's does the sp need to halve again? I have no idea what margins might be expected now because with less oz's to spread costs over we can only guess what the margins will be."

    I followed that up in a later post following the most recent qtrly saying that in my opinion AISC is currently running above $1200.

    I wasn't trying to be positive. I meant to sound cautious despite the large sp drop.
 
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