DGR 0.00% 1.0¢ dgr global limited

SOLG ann, page-7

  1. 1,481 Posts.
    I get what you are saying, but

    From the Ann commentary they are obviously aware and have taken action. Extending the step out also runs risk of wasting drill meters. Systematical drill out of the modelled target is the way to go.

    Hole 21 encountered moderate to intense mineralisation from 685m so I'm happy enough with the ~200m extension. It will also test the area at depth.

    Regardless it demonstrates it is open to the southeast which is what the market was looking for.

    When we start to talk about "only a 100m step out" we know it's world class.

    To hold that 38-40p level is a decent result. Seems big hands are willing to soak any supply and gives market expectations time to catch up with reality.

    DGR is still trading at a 55-60% discount. And Sol gold just derisked itself further with more significant tonnage to the southeast.
 
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