B99 in the original update from 21 may it seems to read the banks require the 30m equity over and above closing out the hedge and prepaying june / sept. Lets see what unfolds. Im not worried about this, as it will get sorted somehow.
I agree with al1 post, balance has shifted against cfc now unless they come up with something decent. This stock will naturally progress to much higher levels with passage of time - ie. longer cfc wait to be reasonable and so long as dml can manage banks --so far it seems they have -- the more expensive it will get for cfc if they want the asset, as dml will get closer to +ve territory.
- Forums
- ASX - By Stock
- DML
- Ann: Financing Update
Ann: Financing Update , page-13
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online