what will it take , page-11

The name of the game is 'change of control' to bring in an investor with the cash to develop the world class resource that DML is sitting on. All these posts about profit and loss and how to profitably run a small copper mine are irrelevant to present considerations which are all about developing a major copper mine with massive economies of scale. That was the aim of the company that offered $1.70 a share not so long ago. The reason for the involvement with Blumont, which holds a stake in DML but itself is in no position to buy them out, is that Belmont is very well connected to large corporations, Chinese billionaires etc who could take over DML. They are purely a means to that end and we will all have to wait a little longer to see how it pans out.