$DMGGF To secure any financing, DMG may have to issue convertible debt or sell equity at these higher prices ($0.45–$0.50 range) to sweeten the deal for lenders.
$DMGGF Just some more facts here fellas.
DMG’s trailing twelve-month Debt Service Coverage Ratio (DSCR) is approximately 0.36, well below the typical lender requirement of 1.25x–1.50x. This indicates the company currently generates insufficient cash flow to cover existing debt obligations, let alone new project debt.
With a net loss of ~$9.5 million on $41.5 million revenue (TTM), DMG lacks the EBITDA required to service a $250M loan.
The loan would likely be secured by the 12-year tenant contract. However, since the current LOI is non-binding and the tenant is unnamed, there is no bankable contract to pledge as collateral yet. Lenders rarely fund "speculative" conversions without a signed, investment-grade lease.
Yes this all AI summary. Double check it for me and reply, or do what you will with this info. I got plenty more for all the haters.
$DMGGF just to remind people that the listing in US is not Nasdaq, but OTC. Imagine when DMG gets uplisted from OTC to Nasdaq, my guess is that they will apply for uplisting when the terms & counterpart has been inked and disclosed, lets see
$DMGGF just found this company and am currently researching. If their deal closes and they build out christina lake, could we expect another offering causing the price to plummet? And how far out are we from potential deal release?
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Valuation
Trading at 1.9× sales vs its 1.5× historical median P/S.
Fair value ≈ $0.34 · price $0.44 today
Overvalued · 30% above
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Fair-value line = the stock's median historical P/S × sales per share. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
