I agree snorky and MC """The term "Scheme of Arrangement" comes to mind, with the banks owning 99% and ordinary shareholders being left with 1%."""
The level of debt is the real clue here. Its either DML play ball or the banks will call in the administrator imo.This is why its refering to a """REFINANCING PROPOSAL""" Its really sad that small resource companies are having such a hard time, but i guess debt is a four letter word these days.
Burnett i think starting a header "10c is coming" is really reckless, and thankful a TH was put in place B4 some newbies jumped on cause of that header.
All IMO of course
DML Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
