With the news senderos outlined above I might be more encouraged than others. The reason being I was really flummoxed as to how Solg would get the money to develop the project rather than just selling the whole thing and BHP & Newest (Newmont) wouldn't want to do so. However, from the situation with RXM (Rex Minerals), I'm in and is now pretty much a done deal. The way they are doing it is to JV selling an interest in the project say 25% for enough cash to, close to, fund the equity in the deal to fund their share, in financing the project build with say 65% borrowing.
Now I don't want to have to spell it out but both sets of rumours:plus BHP & NCM staying in the game. Seems to provide a viable path forward to me anyway.
- that Cascabel will start small
- that other players could come in.
All IMVHO.
- Forums
- ASX - By Stock
- DGR
- SOLG Capitulation
SOLG Capitulation, page-68
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DGR (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $10.43M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $16.54K | 1.625M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 589354 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 189545 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 589354 | 0.010 |
2 | 204621 | 0.009 |
2 | 231222 | 0.008 |
1 | 200000 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 189545 | 2 |
0.015 | 360000 | 2 |
0.016 | 499999 | 1 |
0.045 | 50000 | 1 |
0.050 | 10160 | 1 |
Last trade - 15.56pm 03/07/2024 (20 minute delay) ? |
Featured News
DGR (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online