DML discovery metals limited

10c is coming ?, page-19

  1. 27,629 Posts.
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    Thanks CL, I was the channelling the "chi" and then would you believe annc comes out this morning, lol... well let's hope the proposal puts a rocket up the sp or else a very long beach walk into the distance may be required or a few laps of the neighborhood to cool down :-)

    Thanks also asf for your post ! - yes admin averted and a point that some on this thread are not getting !!! :-(((

    So its now worded as a "refinancing" proposal and not a "recapitalisation" proposal, meaning less dilution or what are the main key differences, anyone shed any light ??? a refinancing deal with the banks I would assume on new terms with a capital injection ? also do we still have Blumont as a major shareholder under this proposal ?

    finally, the deadline from banks was April 30th and also due date payment to Sedgeman, so with a deal struck a whole month earlier than deadline, do we assume it is a good one for the company, key parties and shareholders ?

 
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