Morning all.... Read the accounts and the cash left it got at end SEPTEMBER 2016 less than 9K... Since then the primary costs ie wages and fees have been met by shares, this company is slam dunk going to need to raise funds.. And look at the spread today as some PI has bought in at 3.22 realllly... The past recent fee shares were done at 2p so look at that as a base for placing, either that or than will or have been selling down stock since September.. ATB....
But a good company to invest in. DCP are just going into full production with the aim to ramp up to 400k carats at a 50% margin based on a $164/ct price for a 25 year LOM. They already achieved 10% higher this year.
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