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0.6¢ merlin diamonds limited

I'm not greedy...atm. even a 2 bagger will do me...

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30

08/08/18

14:17

Post #: 34804353
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Originally posted by MMAnchen ↑

Does anybody have an opinion on how the Ector carat grade will impact the EBITDA for 2019?

By my calculations during this period the revenues will decline significantly. However I also understand that chart grades increase the further below the surface and that Ector has only been mined to 30m.

And is the pit mining timeline/schedule accurate within the Empire Capital Partners report?

Have recently bought into MED and I am concerned that the carat grade of Ector will slow this stock down from a 15-bagger to only a 5-bagger within a 12 month time period.

Any thoughts and opinions?

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I'm not greedy...atm. even a 2 bagger will do me...

MED Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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