MED 0.00% 0.6¢ merlin diamonds limited

Ann: Quarterly Activities Report, page-3

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  1. 2,082 Posts.
    lightbulb Created with Sketch. 49
    ...just read the quarterly.   Expenditure exceeds income.  So, a further ~$800k of borrowing is estimated for next quarter activities.

    My opinion is that a further 12 months is required for income to balance expenses, then turning to profit in 2020.
 
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