Current NTA, page-34

probably in Lol PB,
I have to bow and back out to your opinion I transcend into the realms of genius in assigning a PE of -27.67 to DGR.
It was actually a quick screen snatch from my broker...

But anyway, the precise PE ratio value, as I'm sure you agree, is simply a ballpark figure, but none the less... in the ball park.
I dont want to lose track of my opinion that, we are talking about DGR here and not IRR.

However, Sumitomo, and Assore have income, their investment in IRR can be considered to ultimately  improve their bottom line,  and they have the funds to support that investment,

DGR  do not have income of relevance , and are required to borrow (Dilute), to keep building their fantastic asset base.
Im flummoxed as to how long DGR can run on empty and expect our SP to improve, and what is going to change to pull that in ground value, into our SP.
My position remains the same, DGR needs to slow down, take a step back, get an income, and build from there.

Personally, I think "Tenuous" is a bit of a rich description in regard my opinion, but hey, each to their own, and if it is, well, I'm happy to change my mind in the face compelling comment.
Right now, I dont have that compulsion.

Cheers PB, this is turning to be an interesting discussion, which is a damn sight better then the lack of discussion that has been on the DGR Thread the last few months...