the lenders agreed to wipe off $59 million of debt last year -...

the lenders agreed to wipe off $59 million of debt last year - maybe there was another condition that was not publicised that DML breached by not going along with the handover to Cupric

If we give DML management the benefit of the doubt and assume the lenders thought they were puppets in the facilitating of the handover to CC then maybe DML naively thought that it was in everyone's best interests to not let the market know of the lenders demands and point out the ridiculousness of their demands directly to the lenders ( that is, there is an offer on the table with Castlepines that is infinitely more superior for all stakeholders that it makes absolutely no sense for them to withdraw their support at this time).

However we see that the lenders did withdraw their support. As many here point out, it doesn't seem to add up and hopefully the truth comes to the surface ....... Usually an 'insider' at one of the players decides to seed the real story ..... Any 'insiders' out there it would be great to hear from you!

quite possibly that Castlepines is a legitimate player in all this. there is no evidence yet that they have done anything underhanded, however it is hard to believe they are squeaky clean when everyone else has dirt on their hands.

and quite possibly DML is holding hot property (or should I say that the administrators are holding hot property) it sounds like there maybe a bit of demand out there, but some big guys want it without paying for it. and it is usually those with most who feel entitled to get everything for free.