what are your thoughts, page-5

hi chuk..I would like to use 2000 TPD..but you just never know..I like to be conservative.

If you use 2000 TPD your looking at roughly 20400 ounces for the quarter based off 5grams a tonne gold which is a strong quarter considering the downtime in Jan with the weather.

I mean if they achieved a head grade of 6 grams and were pushing through 2000 TPD with recovery of 87% then ounces produced moves to roughly to 24500 ounces.

It creates large changes for the bottom line.

March 2013 quarter..head grade of 6.76 with 89 percent recovery

June 2013 quarter..head grade of 5.97 at 88 percent recovery

September 2013 quarter..head grade of 5.68 at 87% recovery..

and then..

December 2013 quarter..head grade of 4.51 at 85% recovery.

Reasons clearly stated for the lower head grade..

So I do expect a much better quarter for March 2014..

The June 2014 quarter could potentially be amazing.

I see some seriously gains being made over the next 6-12 months. Hence why im on.

I must also say..I held lafayette back in the day..I saw some major issues when they faced problems with the cyanide spills..I got out and it saved me some serious $. This is my first time revisiting an investment based in the philippines.

I think MML are much better positioned and I'm expecting bigger and better things.