Desert Mountain Energy Corp V.DME

New Video with DM

[MiniTrader1]

Just past 44min mark.  Some really good recaps, updates and news.  Good interview!  Should get a few more investors licking their chops!  GLTA!

https://www.youtube.com/watch?v=4TKp5T9Gaqo

[MiniTrader1]

I especially liked the part he spoke about possible share buy backs and dividends by end of the year..

[HeliumHigh]

My favorite part was when DM talked about the current facility generating a half million $ per day. My least favorite part was when he said that the processing plant would be complete in July or August - which a significant slip from "end of Q2", which had been the projection for a while (with optimization (and initially small but increasing revenue through Q3). Until the company has

[MiniTrader1]

Agree with most of what you said here except for your least favorite part; the latest timeline from the investor deck published months and months ago was June-July for delivery/assembly/start-up and Optimization in August-Sept. If what he said was true we are within weeks of that projection and during these times with all the supply issues, logistical nightmares, employment issues this is

[tylerod1]

Permits already in place for Gunnar Dome and 1 more offset well to add to the processing facility

[Buyhigheatchips]

0.5M USD a day x 300 days = 150M USD/yr = 193M CAD/yr Current market cap = 161M CAD    

[niggle]

But they need cash - how are they to get a cash raise away at $3? It's going to require some patience here! 

[Buyhigheatchips]

Expand the offering but reduce the price? And no closing date given. Grumble grumble.  Looks like the news leaked a bit too. 

[GGDawg]

with the price going down over the past two weeks I thought this might happen. Really sucks... If they have money on hand like they claim they should have just cancelled the offering. Especially that we are now well below 2,50$. Let's hope they don't keep lowering the offering Price.

[Buyhigheatchips]

Increasing cash flow funding future development "ultimately rewarding investors" with buybacks or dividends. Don't count on them by the end of the year. Lots of development to fund still.  Positive cashflow is exciting enough!