Loss 50 percent hoping DRM could get its groove again.
But maybe it will be kinda next 2 quarters. But just don't know.
A CR maybe likely but not sure how much support will be provided.
It will need a good March Quarter and ann on sell of the middlings to convince ppl to poor money in at 44 cents.
However the middlings estimate may be a public leak of what DRM wants for it. Not what a buyer is willing to pay.
The middlings appear to be an alloy of copper and gold which probably needs separation and contains a level of risk for the perchaser.
What is the discount of the estimated value is anyones guess. Depends how hungry the buyer is and their expectations are of gold price in the future.
As they need to buy this and then processs it.
Add to My Watchlist
What is My Watchlist?