Based on the latest information available from Medusa - Medusa...

Based on the latest information available from Medusa - Medusa is unhedged / has little or no debt / has a large cash holding / has significant excess production capacity / is progressing with the development of the decline / has a very large tenement portfolio yet to be explored. Medusa is a Producer and explorer and has a very tight share register. I have also noted that if Medusa is to pay another dividend for this half year - (which in my opinion they will) they will not only have the cash they generated during the June quarter but also have access to the cash generated during the coming September quarter.. Just a few points. These are only my opinions. Do your own research.