DGR 0.00% 1.1¢ dgr global limited

Hi all, IMO! bung5 I'm not convinced that DGR can fund itself....

  1. 246 Posts.
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    Hi all, IMO! bung5 I'm not convinced that DGR can fund itself. I'm not even sure what you are implying?. I think it's a trifle unreasonable to expect DGR to make much headway without cashed up joint venturers on their several prospects , at least two of which look to be extremely ambitious for such an undercapitalised explorer . Companies that hint at "world class deposits " need more than a few million to fund them, DRG does not have that luxury. IMO DGR's discounted share price reflects that. The market considers DGR as a typical undercapitalised junior explorer in an unforgiving bear market.. IMO DRG is probably considered to be too widely spread and a bit messy, an opinion which isn't going to change anytime soon. I consider the OBS investment to be DGR's prime asset, I think we should recognise the fact that DRG , without OBS's contribution, would probably be burnt toast! Only my own opinion, you probably think differently, no problem with that! BOLTA!
 
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