DML 0.00% 1.9¢ discovery metals limited

ann out - no deal, page-30

  1. 5,651 Posts.
    lightbulb Created with Sketch. 45
    That's a little pessimistic from you BD...then again it may be realistic. I still believe that in the long term if management can secure a new deal with current lenders we will be much better off. Two things working in our favour
    * Cu price is rising as inventories fall
    * productivity of mine improving ...yes...dramatically
    The lenders should see good reason to supply funds for underground Zeta mine as this will add tremendous value to there asset as well as driving profitability further.
    With no caps and dilution in a couple of years time this could be a very different story indeed...fingers crossed!
 
watchlist Created with Sketch. Add DML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.