DCN 0.00% 28.5¢ dacian gold limited

RepaymentSchedule Amount Due31-Mar-20 $24.730-Jun-20...

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    Repayment
    Schedule Amount Due
    31-Mar-20 $24.7
    30-Jun-20 $4.6
    30-Sep-20 $12.3
    31-Dec-20 $10.6
    31-Mar-21 $7.0
    30-Jun-21 $11.0
    30-Sep-21 $5.1
    31-Dec-21 $4.2
    31-Mar-22 $6.5
    30-Jun-22 $8.7
    TOTAL $94.7

    Looks like they can't survive this Q without CR so my guess is the next 3 weeks of suspension will be used to get some cash to stay afloat. Hopefully they can make that happen otherwise we maybe looking at administrator being appointed.

    That is pretty poor management as the company should be aware of its cash requirements and not panic shareholders at the last minute. If they can raise cash they may have some breathing room in June quarter with only $4.6M due in debt repayments.

    This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research
 
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