Agree Reggie78 cash flow tight. Also u/g mines often take longer to ramp up than management predicts, resulting in increased working capital requirements. With DRM's current cash balance + looming debt repayments + current lack of cash flow from operations, its difficult to see how DRM can get through without eg rescheduling debt repayments (unlikely to be allowed by banks), alternative funding eg prepayments from the offtake provider and/or an equity raising !
DRM Price at posting:
62.0¢ Sentiment: Sell Disclosure: Not Held
