DML 0.00% 1.9¢ discovery metals limited

Blumont is the DML's largest share holder by investing about $8M...

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    Blumont is the DML's largest share holder by investing about $8M @ 0.12 per share just a couple of months ago.

    Lately, Blumont received US$30M loan facility.

    If they draw down full amount they have to pay:

    Facility related fee and interest --- US$5.05M

    Upto 6th Jan. they draw down --- US$4.5M

    (invested $2.5M including $1.5M payment to RES.

    and used $2M for working capital)

    Blumont still has the remaining loan facility of US$20.45M

    DMl's 15 january payment is safe if no other invester jump

    in this 'BATTLE' of take-over.
 
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