DML 0.00% 1.9¢ discovery metals limited

Ann: Lenders Update , page-11

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  1. 5,632 Posts.
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    The lenders are showing patience because they realise that a large-scale recapitalisation, which currently involves discussions with various external parties, is probably good for business.

    Banks make their huge profits by lending money & minimising their losses.

    They could have compelled DML to act on a proposal before this date but knowing that there is keen interest in DML's assets & business, they are prepared to wait & by waiting will obviously do well once a deal is formalised.

 
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Currently unlisted public company.

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