Friday, December 20, 2013 1:06:08 PM
jjwood- the good news about DBRM is that while they have been going a bit slower than we would all like. I've been accumulating for quite a few years now, and do wish there was a bit more PR and such - but I can say that James Westmoreland (CEO) has done it efficiently, responsibly, and with absolutely minimal dilution. There haven't been any pipes or other major stock actions in a long, long time. The funds for additional drilling have been obtained through loans - though some do have some non-cash terms related to revenues from some properties, and some stock, etc. They are now right on the edge of break even for operations. Might be there now, or 1Q next year, depending on production numbers. That finally frees them to use income for new land and wells, rather than outside funds. Some of the recent good news from KY and CA also allowed them to renegotiate a loan, getting lower interest, etc. Check out the various older news releases.
Recent DBRM News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 07/17/2024 07:49:28 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 05/30/2024 09:22:30 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 01/16/2024 09:52:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/22/2023 09:25:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 10/16/2023 09:10:22 PM
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM