SBM have additional milling capacity. Not sure how the whole HH deal is looking as FA info coming from both parties lately, and appears the merger is looking less valuable on paper than 1st proposed (DYOR on that). KIN and GMD could access this spare capacity on toll treating terms as both ALOT closer than carting to Morgan's. I expect that DCN will need a significant capital injection within 2 years apart from the $10mill capital raise passed at last AGM or face voluntarily administration if they continue with current exploration expenditure and minimum spending requirements to hold onto land tenures. Fingers crossed GMD present a respectful offer early July 23 to remaining DCN holders.
DCN Price at posting:
9.3¢ Sentiment: None Disclosure: Held
