GREY:DULMF - Post by User
Comment by
rationalinveston Oct 21, 2014 3:44pm
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Post# 23048377
RE:Polymet.....
RE:Polymet..... Mining cycle is unfortunately not that relevant for DM at this moment.
With the interest bearing convertibles, management dug itself a hole so deep there is little possibililty for escape. Add the horrible PFS and you have a recipe for default in the not-so-distant future.
I cannot imagine anyone committing one cent to this project with a four month lockup. Even before Anto ran off and PFS hope was still there, it was tough for DM to raise funds. We will see 31st.