We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Medusa Mining | LSE:MML | London | Ordinary Share | AU000000MML0 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 97.50 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
24/10/2018 08:43 | Fatality at Co-O | roguetreader | |
23/10/2018 12:58 | Just a little glimmer of hope that things will start to move with completion of new shaft. If pog keeps rising another little glimmer of hope. I'm not expecting a different chairman just yet !! | swallowsflysouth | |
23/10/2018 11:25 | It does feel like we are just plodding along at 55% capacity :( | c9ajl | |
23/10/2018 11:06 | Cheers SWS, I see my favourite Chairman is up for re-election at the AGM RT | roguetreader | |
23/10/2018 09:26 | mill operating at 55% capacity, well lets see if they do increase amount of ore processed. | swallowsflysouth | |
19/10/2018 07:33 | NOTICE OF ANNUAL GENERAL MEETING (ASX: MML) Medusa Mining Limited advises that its Annual General Meeting will be held on Thursday, 22 November 2018, commencing at 9.00 am (Perth time) at The Pagoda Resort & Spa, Esplanade River Suites (Pagoda Room A), 112 Melville Parade, Como, Western Australia. The Notice of Annual General Meeting and Explanatory Memorandum and Proxy Form will be dispatched to shareholders of the Company today. | deka1 | |
11/10/2018 11:10 | Despite the fall in the share price I've continued adding shares. Buying around 35c a share has proved the right move in the past. Company has problems with costs per ounce against price obtained that needs to be over US$1,300 per ounce. My thoughts are that this price will be obtained in the short term. | noirua | |
28/9/2018 14:27 | no it was not andy,good luck old pal | deka1 | |
28/9/2018 14:08 | well i keep reading that Gold has bottomed. Martin Armstrong is predicting that Gold will have a blistering run 2020/2021 Clearly even a sniff of Gold going up to anything like the previous Highs would send mml into orbit | atlantic57 | |
28/9/2018 13:43 | It sure is. There is money to be made here with decent recovery to over $A 2 per share.. All that money spent on a lift shaft wasn't for nothing. | ilostthelot | |
28/9/2018 12:12 | Hi Andy, well if gold ever gets to around 1450 and costs around 1050, its possible lol | deka1 | |
28/9/2018 08:18 | The share price was a bit erratic last night. Aye Deka.. 130,000 at 400 per oz profit gives $52,000,000. Not bad money. Can they ever actually get there? I hope so for long term holders. | ilostthelot | |
27/9/2018 12:23 | Hi TF, firstly I don't think commissioning will take long for the shaft Machinery , main winches , wires and load testing and breaks etc, not a lot of stuff , regarding the prod increases , they must be hauling around 2100 tons a day at present , so to increase the haulage up to 2500 t/ day, to get to 2500 t/day needs a 25% increase, Difficult to quantify TF,because of the 5day week. perhaps they will go to 6 or 7 day working in future , imo having read the report I think to say 2400 t/day haulage over 5 days would be close to the 17% number increase. and any more a bonus lol | deka1 | |
27/9/2018 10:54 | Hi deka, Thanks for your latest post and the positive views expressed by AT. I had previously understood/assumed that (slipping) E15 dates were for it to be actually put on-line and delivering - the latest take on it is "Practical" completion followed by commissioning - maybe I am guilty of self-deception; either way I am disappointed. However the main point is regarding increased hauling capability expectations after E15 is commissioned. IIRC RG showed in his slides that there would be a +30% increase - when BT came to Pro-Active last February IIRC he indicated around only +17% - he reconfirmed when queried by a member of the audience. Is this under-promise, over-deliver or are we being guided to reduced expectations? The 2019 AISC guidance is also slightly disappointing; however, it should continue on a downwards trajectory but BT's early-days US$800 indication look a long way away, if ever. There is an interesting underlying shift of emphasis away from Co-O towards drilling of adjacent tenements - and back home to exploration in Queensland. Cheers, tightfist | tightfist | |
27/9/2018 10:18 | CHAIRMAN’S REVIEW Page 4 of 123 Dear Shareholder, I am delighted to present the Annual Report for the 2018 Financial Year (“FY”) following a strong year at Medusa Mining Limited (“Medusa” Medusa continued to generate free cash from its activities. The year started with a cash position (and equivalents) of US$11.5M and as at 1 July 2018, Medusa was at US$15.1M. This was achieved after all internal capital requirements, including the E15, as well as US$6.9M reduction in creditor/borrowings during the year. Medusa’s key infrastructure project - the E15 Service Shaft, is expected to achieve practical completion in October 2018. It is anticipated that the E15 will increase the Co-O mine’s overall skipping capacity by alleviating the burden of manpower and material movements. Completion of this infrastructure will also facilitate the establishment of more ideally located drilling stations for continued expansion of the Co-O resources. In addition, the Company has also commenced the construction of winzes from Level 10 to lower levels. This focus will ensure the deeper highgrade ore reserve blocks are sufficiently developed when the E15 is commissioned. The exploration push has been channelled into defining the mineral resource limits of the Co-O mine. By year-end we will have a greater understanding of the controls on the vein system with the completion of the resource drilling program from Levels 8 and 9 indicating that the epithermal vein system is still open at depth and to the east. Results show the main Great Hamish vein on Level 16 extends at depth and to the east on Level 16, but the other main veins between Level 8 and Level 12 have taken up the gold endowment to the north and east that remain open down plunge. This drilling resulted in a resource grade improvement of almost 14% with a slight reduction on tonnes and ounces based on vein width. The reserves now sit at 1.52 million tonnes, grading 6.69 g/t, for 327,000 ounces of gold. This year’s drilling program focused on better understanding the orebody characteristics to mitigate risk to gain higher levels of resource confidence. The indicated resource to reserve conversion was 76% for the April 2017 reporting. Our near mine surface exploration program has identified two promising targets which we plan on drill testing in the current Financial Year. Both prospects are located within a 3km radius of our existing operation and on granted MPSAs, thereby significantly enhancing the potential to contribute to mill feed should exploration be successful. The Royal Crowne Vein Prospect corresponds to a 200 metres plus projected vein segment along the northern portion of the 1,500 metres long Sinug-ang vein system that has not been fully tested by drilling. The prospect is located within a historic small-scale mining site noted for its high-grade (i.e. >5 g/t gold) narrow intermediate sulphidation gold-sulphide vein deposits. The Durian Prospect is defined by an oblong-shaped moderate to high IP chargeability anomalous zones with coincident low resistivity anomalous zones. The geometry of the IP chargeability anomaly suggests potential gold epithermal vein mineralisation associated with either a diatreme structure and/or a shallow intrusion. The tenement rationalisation has resulted in our regional tenement position being refocused from 596km2 to 410km2, retaining just the prospective ground. Going forward, regional focus in the short-term will remain in the Co-O mine and near mine vicinity. We concluded FY18 with above guidance production and an enhanced cash and bullion position. I am confident we are on the right path of continued and sustainable success. On behalf of the Board and all employees, I would like to thank all our valued shareholders for your continued and ongoing investment in Medusa and I look forward to the Company’s next phase of growth in FY19 | deka1 | |
25/9/2018 09:11 | Hi Andy, I think the aisc will come down as the haulage increases ergo production. the numbers above are what I see for year end 2020, not this year. | deka1 | |
25/9/2018 09:06 | So looking forward to full year 19-20,if they process 2.5kt/day at 90%recovery of 6.7 grm/ton ,allowing for 48 weeks working 5 days a week = around 130kozs/ per year, somebody shoot me down lol | deka1 | |
25/9/2018 08:46 | Best of luck Deka. I'll keep watching until i see the results . Zero confidence in this management team. I thought the Aisc costs, with shaft completion, would be closer to 900. | ilostthelot | |
25/9/2018 07:30 | Hi Atlan ,the E15 shaft will allow an increase in haulage upto 2.5k tons /day. here is the update link old pal. | deka1 | |
25/9/2018 07:10 | Hi Deka can you explain the significance of the shaft. My technical knowledge is close to zero.However I had a disaster with Vgm where they Appeared to be raising funds for reaching high grade o repermannently | atlantic57 | |
25/9/2018 06:56 | guidence for year 90,000/100,000 ozs, costs 1050/1150, shaft completed Oct 18. | deka1 | |
11/9/2018 09:26 | It all sounds very corrupt. Not the type of company to invest in. | ilostthelot | |
09/9/2018 14:46 | Hi RT, They only announced AT as interim CEO on 15.06, (wef rom 06.07?). Difficult to see how 2 weeks max as CEO justifies that 58% increase? I note that Queensland venture was announced on last day of BT’s tenure - coincidence? Goings-on at MML seem pretty opaque to me and opacity seems IMO to run in the opposite direction to AT’s involvement..... We shall see if the ii’s start flexing their muscles over the next few months. Cheers, tightfist | tightfist |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions