Major re-rating of Merlin about to commence., page-23

Silvahman - I have been following LOM and doing the same comparison (and also wondering why LOM sp isn't higher). But its worth noting that LOM only own 40% of the Lulo Diamond Project, where the big diamonds have been found, and re: Angola, the sovereign risk is huge! So to my mind its hard to draw a direct comparison. If MED find anything close to what LOM have discovered, I would expect the MC to be significantly higher than LOM.

With MED production moving into new material, the chances of big diamond discoveries are now very real. But if MED management were more transparent, and shared the game plan, the sp would be significantly higher on that basis alone!