MED 0.00% 0.6¢ merlin diamonds limited

At no stage did I say absolutely no assets.Last report they had...

  1. 1,012 Posts.
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    At no stage did I say absolutely no assets.
    Last report they had very little cash.
    Diamonds stocks, who knows?
    The company were going to buy new processing equipment to replace the old.
    Not sure how many companies are looking for a second hand Tomra!
    Rio closed the mine after 4 years in 2002 and has not been fully operational since, so yes mining tenements but speculative.
    That's how it is, not negative just realistic.
    I have had a go at how it had been run for a few years and look how that turned out.
    Over that time several posters (and management) have been talking it up as if it was a sure bet, maybe they are the ones who need bagging!
    I have also stated if it was well run it may be successful.
 
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Currently unlisted public company.

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