It was obvious that cash flow for DRM was tight. The company had been making unconvincing announcements in the hope of getting the share price up prior to a CR. As other posts have stated they should have gone earlier.
DRM has two short life mines & I'm not convinced on Deflector u/g. Based on the reserve grade I don't believe Deflector will make any decent free cash flow (revenue less opex, capex & exploration) , in fact it may well loose money ! Investors in DRM are relying on future exploration success !
Re: Trading Halt this morning
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