Disregarding what has happened recently. CP are offering$110 m. What was this money going to be used for.
Paying off all DML;s debt(which now is a must apparently) and then have nothing left to develop the underground or what. There is not enough money being offered to do both. CP need something for their investment not a debt free mill and mine that has not got enough money to be able to produce the goodies.
Any thoughts please.
DML Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held