Hi Barral Sorry to hear you had to sell. I don't believe Brexit will result in a long nuclear financial winter for Britain. The conservative party and the Brexiteers, many of whom are Conservatives, are mostly in the higher socio economic bracket. They wont destroy their own wealth if it became apparent institutions like the LSE and the banking system will grind to a halt. If parliament does misstep and creates issues for the LSE then NM could make the ASX the main listing and the TSX would probably see more trading also. Exciting times ahead for SOLG. The proposed takeover of CGP is another inspired NM move. He is forcing the big players to make more moves on the chessboard. I believe a takeover offer for SOLG now has a greater than 50% chance in 2019. That would put a minimum of 300-400 mill in DGRs bank. I agree IRR is a star. The estimated resource values being touted on the IRR chat room for lithium and gold are spectacular. The high quality iron ore resource of over a billion tonnes could be also packaged and sold separately. Good luck with your re entry. You may get lucky if some nervous sellers are flushed out. Some good volumes are going through lately at 0.12. The price is struggling to break 12.5. It may be being manipulated but I cant be bothered testing it by taking out the 200K seller at 12.5. There is superb manipulation of the SOLG price going on which now keeps the SOLG and CGP prices artificially low.
DGR Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
