MED 0.00% 0.6¢ merlin diamonds limited

another ASX junior i know of  has over the last 10 years raised...

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  1. 583 Posts.
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    another ASX junior i know of  has over the last 10 years raised best part of $50 mill and $25 mill of it has disappeared into the off shore  mining venture and is carrying $25 mill of debt and has little chance of being paid back  and ASX has  not queried  ?   ASX giving joe a good wake up call and IMO will make MED be on the front foot going forward on all fronts.. the project has the makings of a very profitable outfit for all concerned ..to me AXIS has been  nothing more then a  contractor paid by MED over 12 years   at $1.2 mill a year roughly  to supply services .. but in books classed as loans??.. i see all as positive  going forward  and in the interest of all to be resolved amicably   .. if you think MED is bad do some home  wrk on other juniors .. makes MED look like a choir boy   looking forward to a very good 2019 
 
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Currently unlisted public company.

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