DGO 0.00% $2.41 dgo gold limited

DEG + NTM stakes = $57.19m.

  1. 637 Posts.
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    Thought i'd just put up the current figures for DGO's stakes in DEG and NTM.

    They own:

    16.35% of DEG = $50.8m @ 29c
    13.66% of NTM = $6.39m @ 6.9c

    Total as of 15th April 2020 = $57.19m

    DGO mk cap : $77m @ $1.81

    So we're valued at $20m effectively.

    I've been following and invested in DGO for a number of years and they tend to have been value @ $25m/$35m. We are now trading below this, even though we have a large chunk of land abutting DEGrey in the Mallina Gold Province. and where DGO are about to Drill a 20km Gold Anomaly here. What might they find in Mallina? Since EE joined / invested in DEG look what has happened to DEG. Maybe there is a lot more in this region.

    V large Land Bank and Projects
    Potential Company Makers are:

    (Pilbara WA)
    * Mallina (AU)
    * Tom Price (AU)

    (Murchison WA)
    * Yerrida (CU-AU)
    * Bryah (AU)

    (Eastern Goldfields WA)
    * Black Flag (AU)
    * Lake Randall (AU)

    (Stuart Shelf S.A)
    * Pernatty Lagoon (CU-AU)

    Presentation April 2020
    http://www.dgogold.com.au/wp-content/uploads/2020/04/20200402-Shareholder-Presentation.pdf

    Top 20 hold 90%
    Board hold 18%

    I'm betting on EE and Team to find another blockbuster. Currently trading @ an EV of $20m.
    GLTAH
    DC

 
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Currently unlisted public company.

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