The lenders are showing patience because they realise that a...

The lenders are showing patience because they realise that a large-scale recapitalisation, which currently involves discussions with various external parties, is probably good for business.

Banks make their huge profits by lending money & minimising their losses.

They could have compelled DML to act on a proposal before this date but knowing that there is keen interest in DML's assets & business, they are prepared to wait & by waiting will obviously do well once a deal is formalised.