MED 0.00% 0.6¢ merlin diamonds limited

Anyone have any news or heard anything about where things are heading?, page-3

  1. 975 Posts.
    lightbulb Created with Sketch. 246
    Liquidators should be coming up with a plan(options) to put to creditors, could take a while. Would think the lawyers will be hard at it looking into the legality of shares and options associated with the board. That would all need to be cleared up (and may end up back in court) before any parties get to interested.
    The fact that the mine has not been in full operation since 2002 and the plant/equipment would seem to be scrap value only, it will be a hard sell to get much for it.

    As for Joe probably working on his next caper.
 
watchlist Created with Sketch. Add MED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.