MED 0.00% 0.6¢ merlin diamonds limited

A diamond in the rough $, page-90

  1. 975 Posts.
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    Dont necessarily agree with your over the top negativity. They have just invested in TOMRA, new mining equipment and newly issued amended Mine Management Plan approval. The issue is fine tuning the extraction of the ore and best methods which they are working on. Diamond stock is being sold via sales channels.

    ASX does not have any power regarding how directors allocate capital. The suspension is an ASX toothless tiger AXIS loan query which is OLD NEWS. The delay is most likely being dragged out due to various issues with finding the 2 directors, audit follow up and revisiting the ASX queries. Better off suspended in current market climate.
 
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Currently unlisted public company.

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