Well I disagree that Merlin was the light at the end of the tunnel. In my opinion it is just an emotional fig leaf for the majority of shareholders based in Australia who like to have some mining in more stable "home-country". I think it is good not to waste too much money on Merlin. It is still "Lulo or nothing". Merlin might be a small topping after generating sufficient cash flow which I do not yet see, especially after Lulo loan being repaid, meaning that in next year we will only get 40% of Lulo profits and not 70% anymore.
Well I disagree that Merlin was the light at the end of the...
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4.2¢ |
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Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
| 4.4¢ | 112000 | 1 |
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