DML 0.00% 1.9¢ discovery metals limited

Ann: Financing Update , page-13

  1. 36 Posts.
    B99 in the original update from 21 may it seems to read the banks require the 30m equity over and above closing out the hedge and prepaying june / sept. Lets see what unfolds. Im not worried about this, as it will get sorted somehow.

    I agree with al1 post, balance has shifted against cfc now unless they come up with something decent. This stock will naturally progress to much higher levels with passage of time - ie. longer cfc wait to be reasonable and so long as dml can manage banks --so far it seems they have -- the more expensive it will get for cfc if they want the asset, as dml will get closer to +ve territory.
 
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Currently unlisted public company.

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