Best news DML has had for a while... Some fairly decent results for mineralisation fairly close to the surface.
However, I still can't help but remind myself of the elephant in the room, which is the $150m of debt, which is going to eat most of DML's profits (if they even manage to turn one) going forward, just to pay the interest.
Hopefully for the holders here, an institutional investor can see some potential and plough some capital into a company that once had masses of potential. At the minute, I fear DML is a sitting duck.
I've changed my sentiment from Sell to None, as I just don't know where this one is going...
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zeta drilling results out, page-5
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Add DML (ASX) to my watchlist
Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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