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I've been doing the books on the subs and it seems there was...

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Nitrox

1,479 Posts.

27/03/17

23:09

Post #: 23663163
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Originally posted by senderos ↑

Hi PB

The next options which should be converted expire end of May and will fetch 1 MIO as long SP stays north of 12 cts and as long option holder has the cash to splash. There are a further 45 Mio options in the money (6.5 cts) which expire in the 2nd half of CY 2017. This should give us enough cash to survive the next few months but at one stage we need an income of some sort. I would like to see DGR to capitalise on Archer or Coolgarra or on any one of the ''little'' kids. SOLG is ticking along nicely and the last thing I want to see is selling a few SOLG shs in order to pay for the other kid's bills.

One of the problems for DGR I see is finding talent to run the show at the helm of the subs and future subs. NM can't be everywhere and sometimes less is more and let the top guys concentrate on the main game. SOLG IRR and AJQ. I don't understand why we underwrote LKO and I don't know if Gina is still involved or not.

Lets get the Ecudorian election out of the way and then hopefully SOLG keeps powering north.

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I've been doing the books on the subs and it seems there was money left in the kitty from at AJQ facility that imo has been used to underwrite.
Because these guys are on the boards of the subs they would know exactly how much to pour from one bucket into another.

Imo NM has done the job needed to step away from Solg with confidence knowing his holdings will prosper. NM is a business creator and I can't wait for the next new business the DGR crew bring to fruition.

DGR Price at posting: 14.0¢ Sentiment: None Disclosure: Held
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