MED 0.00% 0.6¢ merlin diamonds limited

Coloured Diamonds, page-15

  1. 236 Posts.
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    Very interesting time to be a holder of MED, and not a bad price under 1c IMO.
    - Clear production ramp-up in the works, other Australian diamond miners are in the infancy of exploration (excl. RIO)
    - LOM have their Australian based Brooking project but their focus and resources will be on the Mothae/Lulo projects overseas for the next 12 months minimum
    - Argyle closure in the next few years, MED mine has confirmed coloured and high quality white diamonds found
    - MED Kimberly tenements unexplored

    Will be interesting to see what happens with RIO's diamond portfolio post Argyle.
 
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Currently unlisted public company.

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