Best possibility for me in the SOLG question..the last act to play out before assessing.my future with DGR is one of two things.
1) DGR holds solg and with a bit of financial help maintains its holding into and through production..maybe we looking at 2 to 4 years for that.
2),DGR itself comes under corporate action to get the SOLG 15%..then a pro rata distribution of the sub's.
Personally.. I do not want nick to intercept the.proceeds.of a solg takeover..I think the same will happen as did with orbis .proceeds..he will toss the holders a pittance dividend and load the rest into poor loans to the sub's..if he doesn't outright buy a new issue of shares in them
If this is the case DGR will lose any re rate it is currently enjoying..not totally..but as a shareholder it will not be good.outcome for me.
Always thought.nick was in no hurry to bolster the DGR coffers.. It is always being re invested.in the sub's..used to develop non income bearing entities.
Was interesting to hear his comment on another post.. About.looking for projects that will.last generations..I think he may well be feathering a bed for.his family..he gets.more.than enough now.and has.major.holdings to play with..
Me? I want the money now..or in the next 2 to 5,years..
Am working on a two year time frame..
ANW would have matures somewhat as a tin producer. And.maybe AJQ showing me.more prise than 40,or 50 barrels a day..they aren't going to pay back my 13,million with that..and I so not think the bamksmwill want anything to do with that sort of loan to income ratio...maybe they partner up..butnthay need the NT to be.open for business.for that.
The rest of the sub's..years away from income..and some cash raisings.in between..
Me..? It all hinges in the outcome of SOLG.
The last of.my questions to be answered when I took a position in DGR.
GLTAH.. There's a buck or three still.to.be made for.new comers..
This ride is far from over..
In the meantime..accumulate on weakness..hold your position..or climb on board...DGR will rate anlot higher with money making opportunities.before the SOLG question is answered..
I am.happy for now.to chug along on the Plateau..just a little time is all that's needed...it could all happen Monday !
Or two years Monday.. I do not.know.. But what I do know.. Is that I will be there when it does !!
But anyway
. it seems nick has a longer timeframe then.most of DGRs holders to get a return on investment.
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