for MED to show a monthly cash flow of 3million$ aka 9million$ per quarter I think that is not possible tbh. id have to see it to believe it and we all would be mega rich from such diamond sales. and of course if this was the case yes the MC of MED should be 10c minimum... 9mill$ in sales per quarter would be some news!
but with reported diamond sales and then nothing on the quarterly. with no explanation like it never happened. raises questions...
The potential is there and that's why I hold. but many many years now and MED have shown me no confidence in why I am holding. lucky its not a main holding of mine. more speculative high risk holding.
but imo a CR should be due this quarter. and perhaps that is why the SP has risen this week.
I still have a small bit of faith that things could get better for the company and its practices
MED Price at posting:
0.7¢ Sentiment: None Disclosure: Held