I've been re watching NM on YouTube all the way back to 2010. What gels with every new clip is DGR is a generator of high quality projects and are surrounded by high class geologist using the latest cutting technology. NM is saying DGR could fetch double it's market cap and I have no reason to doubt that at all. DGR has options that need exercising soon and up till november that would raise approximately $5m
I don't see the need to do any cap raising.
IMO Solgold should spin out the Ecqudor projects to LSE with a £200m raising and a new name. Solgold could then focus on its other awesome projects and assests.
Check MLX.ASX to see how it's been done, they left the old company with plenty of cash moving forward.
DGR could spinoff anyone of its unlisted IPOs if they really wanted cash. DGR doesn't pay for projects it creates them from nothing and sells em for a Motza.
Solgold is a Monster as NM calls it and I see no reason to pull the guys off that project to prove up new ground.
I will continue to buy also @PovertyBoy and there's clear evidence that if we ever get past the dreaded .15c it could move to .18c There was a nice buy that went through in early trade today and sat there at preopen tempting a seller to no avail.
I'm sure I've got enough of DGR but whilst it's such a huge discount to NTA, I see gteat value.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.61M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $510 | 51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 134236 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1983333 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28219 | 0.130 |
3 | 250000 | 0.125 |
3 | 1020491 | 0.120 |
1 | 500000 | 0.115 |
3 | 99220 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 65000 | 1 |
0.140 | 393111 | 1 |
0.145 | 295471 | 3 |
0.150 | 95000 | 2 |
0.160 | 47375 | 3 |
Last trade - 13.07pm 02/12/2024 (20 minute delay) ? |
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DGR (ASX) Chart |