DGR GLOBAL AND SOLGOLD listed in :London & Toronto [Daughter co]...

DGR GLOBAL AND SOLGOLD listed in :London & Toronto [Daughter co]

Solgold plays an integral part of the DGR Global play. In the previous post, Cascabel, Ecuador has potentially 15 porphyry targets of which Alpala already has a Maiden Resource Statement.

In play is the COPPER commodity for the green revolution etc.

So, where Solgold goes, the copper element is evident.

RIO TINTO CEO SOIRAT SEES COPPER "UNDER-SUPPLIED BY 2021 & we will see prices increase."
per Solgold tweet and link to Bloomberg, 23 hrs ago [26.5.18]



ANTOFAGASTA CEO: "COPPER SHORTFALL EXPECTED" due to the slow rate at which new mines are permitted and built and increasing demand.
19 hrs ago, 26.5.18
CLICK the link to read the article from Mining Weekly - "Only 1 major greenfield site under construction and no others having been committed to for several years."



SOLGOLD
The share price closed on Friday, 25 May 2018 at 24.5 British pence with a Market Capitalisation of £415.58 million. [Exchange rate is approx £1=A$1.76 but please check the latest price.] 52 week high 46.81 British pence & Low 19.73 British pence

According to the latest DGR Global Financial Report for the 1/2 year ended 31 Dec 2017, it stated that DGR owns 13.47% of Solgold. www.dgrglobal.com.au [Page 12]

DGR GLOBAL SOLGOLD STAKE - How much is it worth? [Excludes spread etc]
So 13.47% x £415.58 million = £55.9 million or A$98.52MILLION [£1=A$1.76]

vs

DGR GLOBAL share price A$0.093 cents, Market Cap: A$57.03million [Fri,25 May 2018] 52 week high A$ 0.14 and low A$0.084.

THE FUTURE?
We shall watch to see whether Solgold goes on to mine Cascabel or it may be taken over?

Sol1, Hotcopper poster, Sat 26 May 2018