MED 0.00% 0.6¢ merlin diamonds limited

MED is following a trajectory consistent with diamond mining...

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  1. 47 Posts.
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    MED is following a trajectory consistent with diamond mining companies. By their very nature, diamond mines and associated diamomd miming companies take a very long time to develop. Over that time the share price can vary considerably due to all factors associated with the stock market and the fact that the mines themselves need development before turning any income, let alone any profit. MED does have (and has had) some management issues undoubtedly, but by all reports from the company we are now at the pointy end and the significant investment should start to convert to income, hopefully soon.
 
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Currently unlisted public company.

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