DRM 0.00% 33.0¢ demetallica limited

Ann: Trading Halt , page-18

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  1. 12,607 Posts.
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    mixing scenarios:

    would DRM be better off raising money for exploration and paying down the debt faster ?

    Seems to be a "good window" of opportunity to do so ?

    Get rid of debt/explore and hopefully comes with a promise of dividend asap??

    How much debt is left ? 42 mill and cash of 23 mill ?

    Not sure they be in the market of buying another asset ?

    Just thinking out loud -but your post tends to align with my thinking ?

    LOM has been a concern - are current drill results enough to extend LOM ?
 
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