MED 0.00% 0.6¢ merlin diamonds limited

Buy side is rapidly growing with limited supply of shares on...

  1. 447 Posts.
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    Buy side is rapidly growing with limited supply of shares on offer after current .008 wall. If there is a positive news release heading our way then this will go ballistic as at current market cap of $20m a lot of blue sky ahead. Currently processing ore from Ector, Gawain and Ywain pits, dare say the next quarterly production of diamonds will see some very attractive yields.

    The further the company progresses into June without a CR the more likely company is becoming self sustaining based on sales from diamond stock on hand & ongoing production. IMO company may announce a non dilutive credit facility as a funding backstop while diamond sales progress.
 
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Currently unlisted public company.

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