How do they survive?

Unfortunately, I don't have experience in this matter. However, from a theoretical perspective, the only way for DRV to survive is to get cash, and the only way they can do that is to sell or lease property, lease exploration or surveying rights (as they have done with Centurion) or raise cash through the markets either by a private placement (done recently) or a public offering of shares. Unfortunately for existing shareholders, this means dilution of our holdings.

So I believe Duran is doing what it can to survive, but its not a good situation. Hopefully the management team has a sound strategic plan in place for going forward.

Trainboy