Cash flows, page-5

DGR a reputable mining house now. They have options. Short term loan could be an option. People will hate it, i hate it, but with where we are right now its tricky.

SOLG is at the very least staying put, but will probably go up in price. Might be a short term shake depending.

Its got everything going for it. Its the belle of the ball. Economy continues expanding goes up due to copper shortage, electric vehicles etc. Golden by product as hedge.

Economy takes a dive, trump does roads and rail massive spend and we get inflation, gold goes nuts, and the world still needs copper.

Absent of short term shakes Im not sure what scenario is better, but both are good for Solg.

I think IRR is going up because they have some great exploration projects of size and scale. Also DGR has the funds availabe to progress these projects, not immediately, but in Solg they have a licence to print money in all economic scenarios. Obviously they dont have the cash in the hand and the market is skittish, and people are gun shy. And maybe dumb as Waiken suggests when it comes yo DGR, so we are where we are.

I sort of wonder if Mather is using an IRR sale to sort DGRs short term cash issues anyway. Divest one of those iron assets to one of IRRs big shareholders.

Think about the genius of it, its win win as it provides both partys upside through their exposure to IRR. It probably results in the free carry of an iron ore asset for the big boys as there shares in IRR go through.the roof. Worst case the asset can always be written down as tax liability if things go south with the economy.

Meanwhile IRR use the money to progress the gold exploration, thus offering yet futher risk aversion and oppourtunity for big shareholders in IRR. It is so tightly held and supply and demand at the.end of the day.

I have been liking the look of DGRs deal making ever since boarding.