DML 0.00% 1.9¢ discovery metals limited

Strategic reason for Cupric purchasing DML's Boseto operations, page-52

  1. 426 Posts.
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    Thanks Pfeifer,

    Based on your update, I think To make this deal happen and realistically, it's likely that there will be enough to pay off lenders and sedgman (possibly with some further lenders haircut) then dml will be left with mid and south Kalahari plus the sweetness to make the deal attractive being preferential access to the Boseto plant should the other 2 exploration makes it. Maybe some additional cash incentive plus definitely debt free.

    So in order to rebuild dml should above be realized, will take at least another 2 to 3 years. Subject to even more capital raising to fund the exploration and development. We may get some where.
 
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