Anything below .25 is a fair price because this gives you exposure to Solgold and everything else in the DGR stable you basically get for free. I base this on the VWAP of an impressive. 43p and a closing price of .42p with volumes INXS of 14m.
A higher shareprice certainly give a higher credential for any spinning off of the huge amount of Gold tenements DGR hold in unlisted companies.
With Gold being the talk of the town over the last few years and the quality of the prospects I don't think they would have too much trouble in raising $10-20m to move these forward as an IPO
I'd be happy with 1 free share in the IPO for every 5 DGR shares. Then the IPO could offer to raise 100m at .20c
Too easy.
DGR looks to becoming a very healthy mid tier mining company. Awesome board that continues to pour in their $$$ to support their startups.
Hole 19 results are highly anticipated but really we are funded for 2 years with 5 drill rigs over 14 targets.
DGR reminds me of the old steamboat SIR.asx
.12c By end of 2016, page-9
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.61M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4779886 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 77788 | 1 |
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| Last trade - 10.02am 04/12/2024 (20 minute delay) ? |
| DGR (ASX) Chart |
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