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5.8¢ dmc mining limited.

Ann: Suspension from Quotation, page-22

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Motorheadbeany

1,232 Posts.

126

20/05/24

11:02

Post #: 73909893
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Originally posted by Narko6 ↑

My last post in January ,pretty much summed it up, their latest financials showed they all took their slice of the remaining financial pie and stated that they had approx 6wks money left in the kitty which is just about the same time it will take to vote in a new person to the team.!! Once again, no imformation to shareholders, zero imformation to even warrant any type of capital raise which without they will be insolvent in a about 5 weeks. Worst case scenario, they are just winding down the clock till the last few dollars run out! Best case would be that they have something up their sleeves that they cant declare yet? Really interested to hear if anyone has any thoughts on this even though Ive basically resigned myself to the fact that they are nearly done! As Ive said before,I hope Im wrong ?? cheers

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Well look on the bright side, by suspension it has held the share price up, where others have collapsed. If it comes online with good news, the markets may have turned and it might benefit us. Optimistic thought i know, cheers

DMM Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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