DML 0.00% 1.9¢ discovery metals limited

DML Update from Bob, page-69

  1. 647 Posts.
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    "Note that from the resolutions passed at the AGM, DML now have the capacity to increase the shares on issue by up to 10%."

    I note that every public company in Australia has the right to issue 10% of capitol as shares without shareholder approval.

    Maybe DML did not have this in companies constitution.

    Downanout thank you for thread I can rest easy now.
    AGM was success and company moving forward.
    Bank is still a hurdle, breech has to do with development of Zeta underground.
    We must satisfy bank, they have capacity to send in recievers, however as everyone here has said and I agree the bank would be the biggest looser.
 
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