To replace the Merlin diamond infustracture would cost well over 100million dollars the air strip, camp, clearing over burden, mine plant, power generation etc remember we have no debt to pay back, a huge tax break a new TOMARA diamond sorter so I think the share price can get to 7 cents and beyond quite easily and even at that price it barely covers the replacement off hard assets
Ann: Placement of shortfall from Entitlements Offer, page-13
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