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12,605 Posts.
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12/02/14
14:09
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mixing scenarios:
would DRM be better off raising money for exploration and paying down the debt faster ?
Seems to be a "good window" of opportunity to do so ?
Get rid of debt/explore and hopefully comes with a promise of dividend asap??
How much debt is left ? 42 mill and cash of 23 mill ?
Not sure they be in the market of buying another asset ?
Just thinking out loud -but your post tends to align with my thinking ?
LOM has been a concern - are current drill results enough to extend LOM ?
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