MED 0.00% 0.6¢ merlin diamonds limited

Merlin Diamonds, page-81

  1. 5,584 Posts.
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    I've been researching this a bit.
    Are they currently just mining/processing on hope? There is no mention of grade and costs, and whether what they're doing is economic. Presentations, announcements just talk about a few exceptional diamonds, theses do not really matter. Run of mine diamonds are more important. Admin costs are though the roof. If they are not processing economic material/then selling diamonds they'll be broke in no time.
    Come on, some convince me to buy this? I'm looking.
 
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Currently unlisted public company.

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