November's Investor presentation29 Nov 2011 12:24
As many have been looking at the 200,000 figures - Note that in MML's November Investor Presentation:-
quote: "5 year, 2-phase growth path to production of 400,000 ounces per year
underpinned by strong cash flow from Co-O Mine (narrow vein underground)
 Targeted production:
 FY 2012 (revised): 90,000 to 100,000 ounces at cash costs circa US$200 per ounce
 FY 2013: 120,000 ounces at cash costs circa US$210 per ounce
 FY 2014: 200,000 ounces at cash costs circa US$220 per ounce"
quote ends.
page 7 gives us a hint of whats on the horizon:-
Quote:
"Organic growth (5 year, 2 phase growth path to 400,000 ounces)
 Co-O Mill (200,000 ounces)
 Bananghilig Mill (200,000 ounces)
 Aggressive exploration program
 Gold (projects beyond Co-O and Bananghilig)
 Copper (unlock value through discovery to crystallise early returns)
 Self fund all capital requirements
 Continue dividend payments"
quote ends.
I believe this is a well placed investment.
GLA