new article on minesite, page-9

cheers Rod. After buying below $2.00 i sold at 2.45 after SP took-off every rapidly and i got nervous. I never took my eye off MML and wondered if i could ever re-enter below 2.50. so when opportunity arose i grabbed it.
I think mkt has under-estimated the effect of rise of POG has on Au miners. 16 months ago the POG averaged around $750. Past few months have seen POG in 920-975 range with average about $950.
The $200 increase... as a % of 750=27%. But if mining costs are $550/0z... the profit per oz has risen from $200 to $400=100% increase.
My query: How many companies on ASX have doubled profits in the past 4-5 months... despite nothing else changing??
Standby for Sooper-Dooper result next week from MML.