WIN WIN SITUATION – MERLIN MINE
if my memory serves me right, (pls correct me if I am wrong), there is a clause in purchase of merlin mine, that if its diamonds sales proves beyond $1B, that Rio has the right to buy back the mine by paying extra 3 times the money that NAD had spent, and , further NAD will retain 49% free carrier of interest. with this clause in mind, NAD is surely on a win-win situation in its future development. on latest increase in diamond reserve to 6M carats, definitely more upgrade to come,NAD is now holding a 100% triumph card. I guess this might be the reason GJ keeps on buying in market, as well as other big boys too!
WIN WIN SITUATION – MERLIN MINEif my memory serves me right,...
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