DGR 0.00% 1.0¢ dgr global limited

The business update came out today missing IRR and DHR so...

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    The business update came out today missing IRR and DHR so thought I would update on all subs and then add some news on ANW and AJQ that I had ready before the update today.

    Assets of DGR subs - SOLG - DGR -12% - 204.1 mill shares worth 82 mill A$
    IRR - DGR - 24.4% - 68.5 mill shares worth 34 mill A$
    AJQ - DGR -22.4% - 90 mill shares worth 19 mill A$
    ANW - DGR - 18.71% - 361 mill shares worth 12 mill A$
    DHR - DGR - 19.44% -311 mill shares worth 7 mill A$

    TOTAL ASSETS OF SUBS - 154 MILL A$ AN NTA OF APPROX 22 CENTS PER SHARE TRADING AT A HUGE DISCOUNT - 0.092.

    JUST NOTE - IRR S/P is 24.75 pence - SOLG S/P is 22.60 pence

    SOLG -latest update 20/2/2018 -can be seen on SOLG website
    IRR - A raft of announcements due out from Ghana, Chad,Australia and Cote d Ilvoire -Gold - Lithium
    AJQ - 12/2 2018 -Kincora Gas plant achieves production and sales which completes its phase 1 strategy
    9TJ /day -current production exceeded expectations
    First load out and sales of LPG and condensate from Kincora
    Phase 2 of the strategy is moving forward with well design,field development planning and gas sale negotiations underway to reach 20TJ/day and bringing more of its existing wells back on line and planned drilling of new wells. 2 new wells to be drilled in 2018
    ANW - 16 /2/ 2018 - FURTHER HIGH GRADE COBALT RESULTS FROM MT COBALT -
    assays from the last 3 holes drilled in the seven hole program to test the extension of mineralisation below and along strike at Mt Cobalt. The highlights CONFIRMED HIGH GRADE mineralisation further along the strike from the 2016 high grade drilling results 130m .(Figures can be seen on the website)
    Current target zone 350m long x 25 w is open at depth and down dip to West.There is potential to extend the zone to the NW and 200 m to the SW towards the newly identified historical workings.
    Numerous Cobalt rich occurrences are being investigated around the 4 KM long arc of contact between the Black Snake porphyry and the regional host rock.

    ANW has commenced a program of metallurgical test work to asses the potential to pre concentrate the material from the target zone . Successful benefaction of material could also reduce the scale and capital cost of any such hydro metallurgical plant.
    ANW is continuing to work hard on this COBALT project to bring it to fruition.
    DHR - Completed the ist stage of Lithium exploration of the Las Tapias pegmatite, assay results confirming the richness of the pegmaitite. Has Gold prospects in Argentina one opposite LOS DOMOS Gold Project

    So although SOLG has all the headlines the subs are out there putting things together for themselves and DGR

    Lots of GOOD things on the horizon in 2018

    Keep the faith

    moureeses8
 
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