MED merlin diamonds limited

Ector Grade and 2019 EBIDTA

  1. 11 Posts.
    Does anybody have an opinion on how the Ector carat grade will impact the EBITDA for 2019?

    By my calculations during this period the revenues will decline significantly. However I also understand that chart grades increase the further below the surface and that Ector has only been mined to 30m.

    And is the pit mining timeline/schedule accurate within the Empire Capital Partners report?

    Have recently bought into MED and I am concerned that the carat grade of Ector will slow this stock down from a 15-bagger to only a 5-bagger within a 12 month time period.

    Any thoughts and opinions?
 
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