Very happy with today's announcement, regardless of the photo quality, etc. We know there are pinks, yellows, blue/greens in the ground. MED knows where the diamonds are, while other ASX plays are still in the exploration phase. There is going to be some serious action in the Australian diamond game as Argyle comes to a close. Regardless of what anyone thinks of management, MED are shaping up to be a serious player.
I suspect the approaching quarterly will be much more comprehensive than what we've come to expect. It really looks like MED are working towards a complete end-to-end, from ground to consumer, business model. Now we need cashflow!
MED Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held