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DGR - DGR Global

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Re: DGR - D'aguilar Gold

Huge turnover today and SP dived. No anouncements. Is this p[art of the Opes Prime fallout? Are ANZ dumping shares that they held as security on Margin Loans at Opes Prime? I heard that the same has happened to PDZ.

Someone is dumping a huge holding. If it is directors we should know in a few days.

Anyone have ideas what happened?
 
Re: DGR - D'aguilar Gold

My guess is that this is part of OPES fallout, but only a gut feeling. There seems to have been an institutional selldown of the stock of some sort over recent times. Looking cheap to me, time to watch for the turnaround.
 
Re: DGR - D'aguilar Gold

Spectacular cobalt grades from recent announcement, should see AusNiCo float go off without a hitch, anyone reckon that Mt Isa Metals will be under-subscribed. I think not.
 
Re: DGR - D'aguilar Gold

:)

Hi folks,

DGR ... expecting a positive reaction to a lunar trigger, around 19012011 ..... :)

Happy New Year 2011

paul

:)

=====
 
armour is a shale gas sub of DGR, looking to list in feb. if they can get this one off the ground it could be enormous?!
they've just entered into a farm-in with Lakes Oil to develop Lakes' gippsland tenements. is this a good deal???
i've followed Dgr for a while - i think the business model is creative and has real potential. if armour can get away with a bang then it may jumpstart the dgr price and focus folks on the company BEHIND the subs rather than the spinoffs themselves!
i would also trust nick mather with gas companies (arrow, bow)
xposted!
 
Is anyone across DGR? I pulled this information from an investor presentation.

Market cap: $22.7m
Shares: 324m
Share price: 7 c
Value of DGR holding in listed assets: A$41.05m



Diversified Global Interests
NAVAHO GOLD - 27m shares (29%)
SOLGOLD - 33m shares (9.6%)
MT ISA METALS - 50m shares (30%)
IRONRIDGE RESOURCES - 56.5%
ARMOUR ENERGY - 75m shares (25%)

• DGR Global backs new resource opportunity creators with equity
• Global exploration mandate TARGETING BULKS – iron, potash, phosphate, bauxite – new provinces
• Implementing DGR global expansion strategy
• We are not just a static investment house – we continually create assets, adding value.
• Maintain the emphasis on business generation and do it regularly – improve new project generation capability.
• Increase the project size steadily – raise the bar.
• Monetise the investments – increase liquidity with asset maturity.
• 5 listed assets now – 10 targeted in 5 years.
 

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Knobby22 said:
It's a good company. Undervalued, I own.
Click to expand...

Last couple of months have been good for DGR. The company seems to have its fingers in a lot of pies, and by pies I mean small cap resource companies.

Its largest holdings appear to be SolGold plc, Armour Energy Limited, IronRidge Resources Limited, and Aus Tin Mining Limited. All four companies appear to be progressing their various projects and DGR has been benefitting from the increased share prices.

big.chart-DGR.gif
 
DGR owns 58% of unlisted Auburn Resources which appears to have found a good copper, nickel, cobolt , gold prospect. To fund further works there is a raising of seed capital to fund an\ IPO early this year.
 
and, 5 years on, a $10M company becomes one with a MC of $23M. At least until tomorrow. All seems rather complex / conditional.
Screenshot_20240716-202220_CommSec.jpg

.
DGR GLOBAL’S STAKE IN SOLGOLD EXPECTED TO RERATE ON BACK
OF SOLGOLD US$750M DEVELOPMENT FINANCING PACKAGE.​

SolGold PLC, in which DGR Global Limited holds a 6.6% stake, last night announced that it had entered into a gold only streaming agreement with a syndicate comprising 2/3 Franco Nevada and 1/3 Osisko Royalties for the provision of US$100M in short-term funding to progress the flagship Cascabel copper Gold in northern Ecuador to final feasibility, permitting and final investment decision and a US$650M contribution to project development funding for Cascabel.

The funding package endorses the US$3.2Bn NPV and after-tax rate of return of 24% in SolGold’s March 2024 PFS which adopts conservative metals prices of copper at $3.85/lb and gold at $1750/oz and a staged development program commencing at 12.5 Mtpa for CAPEX of US$1.55Bn and ramping up to 24Mtpa.

Royalties and taxes to the Ecuadorean Government were agreed in the Exploitation contract entered in early June 2024 between SolGold and the Ecuadorean Government.

The short-term US$100M component is deliverable 1/3 on signing and the next two 1/3 tranches on milestones within SolGold’s control. Over the next 1-2 years it is envisaged that these funds will be expended on delivering the necessary permits and funding package components required for development and a Final Definitive Feasibility Study incorporating a number of potential further upsides.

The SolGold share price increased by more than 19% overnight off the back of the announcement to the London Stock Exchange (See LSE Release and attached as APPENDIX A) . Significant value remains to be added through studies into
1. Improved metallurgical recoveries.
2. Inclusion of the Tandayama Resource as an early stage upfront open cuttable development component delivering cash flows at least 2 years faster.
3. Refinement of hydro power and other green power initiatives.
4. Refinement of tailings dam location and design
5. Refinement of mine plan and site layout designs.

The stream is a life of mine stream on gold only and taking delivery of 20% of the gold recovered in concentrate until delivery of 750,000 ounces then dropping to 12% of gold. SolGold has a strategic advantage in a buyback right on change of control over the stream for three years at 50% then dropping to 33% for a further 2 years.

SolGold is continuing to work on other funding sources for the mine development capex including debt and metal concentrate offtake arrangements.
 

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