DML discovery metals limited
Add to My Watchlist 0.00% ! 1.9¢

refinance, cap raising and then what?

  1. bubsmark
    10,950 Posts.
    lightbulb Created with Sketch. 645
    clock Created with Sketch.
    13/09/13
    20:23
    Post #: 12327221
    So next week DML will likely refinance its loans and raise cash at 5 year lows.

    Then what?

    What plans have they have in place to turn this mine into a PROFITABLE mine? Hedging ends in dec at which point they will get spot pricing which at current rates is still not too attractive.

    Soooo depressing. What a mess.
    DML Price at posting: 13.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Locksley significantly enlarges exploration program after historical discovery
right-arrow Created with Sketch.
NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
3DA Amaero’s big move: Exclusive deal, big targets, and a lot on the line
right-arrow Created with Sketch.
NEWS CLEO receives positive FDA feedback supporting ovarian cancer test pathway
right-arrow Created with Sketch.
RMX Red Mountain Secures Utah Antimony Project in United States
right-arrow Created with Sketch.
NEWS Where the Australian property market resurgence is heading and why it matters now
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.