DRA 0.00% $1.96 dra global limited

Loan use 5 million by 15 May, cash crises? Terms of the loan?, page-15

  1. 312 Posts.
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    Well, I'm a chicken with this, because I think you are too well informed.
    After having your opinion, the first bet is no longer meaningful.

    As the new formulation appears not to be OK with you,
    one could now think that there is substantial chance
    of using at least extra 2 million more by the end of Q3?

    I do think it is not not fair for mining companies, that
    we have some incompetent authorities giving bad permits.
    On the other hand it is also incompetence of the company,
    that the permit applications are not correct with environmental
    information.

    In Finland with our democratic system these are corrected
    mostly by Vaasa administrative court as has happened and will happen with
    Dragon´s permits. One problem is that Dragon does not actively work
    to correct the problems, but intends to appeal until the gold has been
    depleted from the Finnish mines.
    See details from the page 238 (91/100 of the PDF):
    http://www.hkexnews.hk/app/sehk/2018/2018052305/a15436/EDM-20180523-19.PDF
 
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