Yes that what I said was Ashton leases in the 1980s . I held share in Ashton in the 1980s myself back then .You are right 9-10 pits but only a couple produced any thing wreath taking about, a lot of industrial Diamonds came out of the pits . Fine Diamond where hard to find . ,but hopefully. Merlin will do a lot better . No mining is easy . What I am saying here , they are way ahead of a green fields mining project . Joe's has not mined Diamonds in Australia , but his knowledge on Diamond Mining and mining in general is with out question . We all hope there is big money to be made here. Getting the diamond out of the ground is one thing, and only haft the job Having right quality and quantity to sell the market {diamond Buyers } that's real hard bit . Diamond buyers are tuff lot. De Beers are now making lab Diamonds also . .It remans to be seen weather low cost Lab diamonds by DeBeers really work out. The top end of the diamond market you can bet diamond buyer will only take the best .Time will tell If Merlin can deliver the quality quantity and keep the costs down. I believe at buying at 008-1.5 I hold 4,000,000 heads and 2,000.000 ops and building I am not a trader I have longer term view. There is a lot of up side over the next 18 months .10-.15 is not an unreal target . Good luck all who take the ride
MED Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
