DES 4.26% 9.0¢ desoto resources limited

qfx release is bad for des, page-18

  1. 226 Posts.
    Hey Tuesday........as per my post on QFX....have a good look at the numbers again.......100k is just profitable, and 45k has been the number touted around town as being break even by QFX.........seems that there is a "revision" of facts underway at QFX - always disconcerting, and even more so when buried in so much marketing waffle.

    No good news here for DES Im afraid - only another capital raising as they will run out of money mid year (or maybe a little later) - and given how tight the markets are at the moment, this could get ugly.
 
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