You're making the mistake of treating DIO as though it were still an explorer. It is now an emerging producer, with top-quality assets. Presumably DIO will do a placement to "sophisticated investors" in Canada, as the stock is going to list over there as well. I'd be most surprised if 1) any shares weren't snapped up; and 2) DIO goes to 10c again. It held its ground very well during the recent market downturn.
has to raise capital 35mill, page-7
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