The announcement released by the company on 9 Feb 2015 was misleading.... How can you have a binding MOU for finance and yet called in the admin a few days after ?
"$US 110 MILLION BINDING MEMORANDUM OF UNDERSTANDING FOR FINANCING" Discovery Metals Limited (ASX/BSE: DML) (“Discovery Metals”, “DML” or “the Company”) is pleased to announce the recent signing of a Binding Memorandum of Understanding (“MOU”) with Castlepines Global Equities Limited (“Castlepines”).
DML Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held
