Difference with MBN is that the directors of DML are still with the company. MBN directors walked off and just allowed the company to fall under default i.e triggering Voluntary Administrators to run the show.
Another point is the Blumont still have a huge amount of shareholdings with DML, they wouldn't risk their 110mill to waste.
They are shareholders, and not creditors. It's in their best interest to ensure DMl doesn't go into default, effectively they would lose out as shareholders.
If you look at their profile history they are involved in the business of investing loads of cash into companies. They were recently involved in the take of Merlin Diamonds Limited.
" Takeover Bid For Merlin Diamonds Limited - Major Transaction" 06/03/2014.
Just my thoughts.
Difference with MBN is that the directors of DML are still with...
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