DML 0.00% 1.9¢ discovery metals limited

Ann: Financing Update , page-2

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  1. 1,097 Posts.
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    Not much HC comment on the latest Financing Update.

    The way I read it is that DML has enough money & hedging benefits until the end of this year.

    DML therefore has 7 months in which to get its act together and start making a decent profit.
    (Assuming there is no takeover in the meantime...)

    This temporarily takes the pressure off having to sell off the farm at fire sale prices but I believe it is the Co's very last chance to make a success of the mine.

    Hopefully it will be a "Merry Christmas & Prosperous New Year" in December!
 
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Currently unlisted public company.

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