Merlin Diamonds Limited reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company reported revenue of AUD 431,884 against AUD 403,952 a year ago. Loss from continuing operations was AUD 15,692,141 against AUD 2,053,312 a year ago. Loss or the period was AUD 15,692,141 against AUD 2,053,312 a year ago. Loss attributable to members of the company was AUD 15,692,141 against AUD 2,053,312 a year ago. Basic and diluted loss per share was 2.84 cents against 0.47 cents a year ago. Net cash used in operating activities was AUD 1,914,729 against AUD 638,366 a year ago. Payments for acquisition of plant and equipment were AUD 174,799 against AUD 706,635 a year ago. Payments for development expenditure were AUD 2,830,369 against AUD 706,635 a year ago.