Hi Caesius, For sure this is possibility - IRR support . and,...

Hi Caesius,
For sure this is possibility - IRR support . and, 10-11cps.
Comes to mind tho - DGR from my memory has never had money in the coffers, as it comes in it is always ear tagged and gone again.. so maybe I have become punch drunk to running on empty..

Speaking of which, there was a lot of conversation recently about where do we get some cash from?
I withheld my own view, but here it is now..

There was talk about selling down small parcels of SOLG.
This to me would be insane - sometime ago I read (on the internet so it must be true) that if you need to realise cash from a stock portfolio - you should really look first at the under performing stock - why sell stock cos it is in profit and performing, and hold stock that is losing you money.. costing you money, or has been in the bottom draw for 5 years ?

So for me - we should not be selling down SOLG - we need to list one of the up and comers.. Archer - Gold ( Targeting 1m Oz), Albatross (Bauxite), Coolgarra (Gold , Antimony, Chromium and Cobalt) or Pinnacle gold (Gold). For heavens sake - lets way up the cost Vs return of keeping DHR also..

We can argue the merits of holding these assets based on future potential, but really, the time and cost associated is exhausting - divesting of one of them eases the cash burden on DGR.

DGR is in the business of creating companies, it appears to do this with ease, replacing a divested company is not difficult for us.

I have also been thinking of consolidation across the assets - now there is always the argument of diversity,
but why not for example, offer Archer to IRR - IRR is moving into the gold business, I understand they are already tenement holders in Australia, so offer them another million ounces (for a price).. UK shareholders support it - (they have gold fever by all appearances), and DGR through IRR still maintains an interest.? Sounds good to me.

I think there is other scope to Consolidate other resources under alternate umbrellas..take the gold from Coolgarra to Archer, take the Cobalt from Coolgarra to ANW..as examples, then let the incumbent companies become specialists in their resource medium.
ok, enough for now.. My creative juices are drained..but its food for thought..
and as always, comments both negative and positive greatfully received..
its all part of the learning process, and inthis game, you can never have to much information - its what you do with it that
seems to matter mather.