"Today, the Company confirms that discussions seeking to resolve the current situation are active and continuing, and that progress has been made since the last Company update.
DML is confident that these discussions will be progressed toward a satisfactory outcome during the coming week.
At this time, it is appropriate that DML shares remain suspended from trading for a further week, until Friday 5 December 2014, or such earlier date at which point an announcement will be made regarding the Company’s position."
A "satisfactory outcome" in the coming week might not lead to the short sellers paradise you are expecting. Stale bulls will sell to enthusiastic newcomers.
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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