MED 0.00% 0.6¢ merlin diamonds limited

Ann: Quarterly Activities & Cashflow Reports, page-33

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  1. 25 Posts.
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    Speaking of the sales office in Antwerp, ill be in the area for a holiday during July so hopefully it'll be in full swing by then. Wouldnt hurt to pop in and see how its going

    Also, i know there's frustration with the lack of information regarding sales in general. However, just looking at how other precious stones are sold off on the wholesale market, it can be a lengthy process to make it worthwhile to some potential bidders.

    May potentially need to be graded, sorted and placed into parcels as opposed to a storefront where each diamond can be prepared and presented in its own right, or the odd occasion that we find a nugget of a rough diamond that can be sold on its own.

    Just thoughts...happy to be corrected if someone has a better idea about the sales process. No doubt they're finding them, and now that pits are dewatered along with upgraded equipment being sourced, theres a greater potential to improve the yield.

    DYOR.
 
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