DGR 8.33% 1.1¢ dgr global limited

Hi Japan, All fair comments, but Im not saying NM is stealing my...

  1. 848 Posts.
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    Hi Japan,
    All fair comments, but Im not saying NM is stealing my money, or certainly never meant to make that inference, Moreso, the constant reinvesting the long term abyss, the empire building of a great assett with no end in sight.
    OK we can stay the course and wait to see what happens if we ever eventually settle into steady stage 5 of paying dividends and having our own (DGR) cashflow to reinvest in our subs to take them to investment company stage.

    But really, DGR has been in this game now for what? 14 years?, Im sure that some shareholders have Literally died waiting for some sort of return.
    Its certainly a long term hold, and the faithfull who have kept investing will have see some capital increase, but what are loyal shareholders going to get...

    Maybe there should have been/ be, some kind of Loyalty scheme, ultimately, it would just be nice to know what is the end game, the DGR Business model has been reported as constantly evolving, meaning to me, they understand the original plan had flaws.

    At what point is DGR going to actually take a deep breath, take the focus from developing all the subs, to just getting one or two of them up and running - yes, we have investments in ANW (thats another story), AJQ, SOLG hitting its straps in one form or another, IRR/DHR ripe to take the next step... but them before its all happened suddenly we are down the road and out of the blue into Kanywataba and more debt !

    All Im asking is what is the end game ? - at what point, and what is it going to take for DGR to become profitable ?
    Because even if we get ten billion dollars from SOLG, history says that DGR will buy more tenements and land bank a squillion resources in the ground with little or no benefit to holders.

    Tell me, how many DGR shareholders would be interested in DGR sell 30% of its holding in SOLG now to do a a 100% cash return to DGR shareholders of the same?.

    Its well past time for a balance between developing the DGR asset base, and providing a return for shareholders - then we may even see the discount to NTA close.
    Last edited by BarralScraper: 06/08/18
 
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