DML 0.00% 1.9¢ discovery metals limited

B99 in the original update from 21 may it seems to read the...

  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.
 
watchlist Created with Sketch. Add DML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.