relax Bubsmark, if we all have the benefit of hindsight, we all...

relax Bubsmark,

if we all have the benefit of hindsight, we all be living in the perfect world wouldn't we?

also DML has successfully raised $50 million via institutional placement @ $1.20 back in 09/08/2012! This fund carried us through the tough time and repaid a large amount of interest to allow lenders to consider the reprofile.

What we do know is it is to be done later in the year. It will be a placement and a rights issue. ATM, the rights issue price is still a moving target. The key in the short term is to get the improvements coming and completion of the DFS for zeta underground.

the underwriting by fosters will play a big part in DML's fund raising campaign. Fosters are a great team to conduct this. If anyone wants a reference of their work, just visit LNG. Although the quality of LNG's project is the main draw card, Fosters advisory and co-ordinated promotion of the company played a big part to draw in the investors especially the high net worth, trusts, investment managers and institutions.