Hi Greenshore The pricing of this stock is more than strange it...

Hi Greenshore
The pricing of this stock is more than strange it is inexplicable and irrational.
It has remained mispriced for a long time. I have held for 8 years and am a top 20 shareholder. It is the lowest risk and most undervalued junior resource coy on the ASX. It has a proven build and sell record with OBS. Also AJQ and ANW are now producers. AJQ is nearly cashflow positive. The bid for Santos highlights the value of this asset.
I detect a sea change recently. The recent presentation to Mines and Money Hong Kong shows a more assertive approach which will help the price. They state the share price should be at least double the current price in the most direct manner to date. There is a strong hint that one or more floats are upcoming. I could see more institutional investment this year. Tribeca are one of the top performing fund managers globally. I predict they could look to buy on market as making profits of 100-200% is out of their playbook.
I don't see a bid at 0.25 succeeding. The top 20 have well over 50% and most are directors or employees or very long term holders. Many of the top 20 have increased their holding in the past year. We are on the cusp of a rerate of SOLGs price. The tax loss selling should be over. Blackrock has 5% and are there for a big gain. Once SOLG reaches 60p our NTA approaches 0.50. Every other junior I have invested in over the past 20 years has traded for multiples of NTA. I wouldn't sell any for less than 1.00.
I don't believe NM is looking to privatize DGR. This is part of his retirement fund and in the long run he and the other staff members will get a better price and more flexible sale conditions with a listed coy.