And the roller coaster continues.By my calculation there is now...

And the roller coaster continues.

By my calculation there is now only 1 shareholder with more than 10% and 2 with between 5% and 7%. Black Rock could be blamed for the recent drop with them selling out. Not sure how much more they have left but cannot be many. Also why they sold out now at an all time low is interesting. My guess is they have less info than Blumont and I have to assume Blumont's "punt" has a bit of intelligence associated with it. So personally am more positive about Blumont buying than Black Rock selling.

On that matter it is not clear to me that there are no more negotiations on the go, but believe that there is still something happenning that is preventing the directors from buying. But have no evidence to support that.

I think DML is over a big hump that entailed a lot of distraction. CFC has left, funding has been sorted, now they need to prove themselves. Blumont should inject some new thinking and direction.

There were many that consider the DML asset a good one and having spoken to a geologist about DML recently he said it is still early days. The next quarterly update will provide some guidance but not nacessarily provide a sigh of relief. The Dec quarter will probably be the better indicator.

Only my opinion though