Yes. But...
In early 2007 Nick Mather publicly stated that DGR were not miners but were in the business of "making companies". They failed to address lead-times related to equipment (I pointed out around this time last year that the lease market on crushers was out to 18 months, and the new equipment market even longer - ref Thyssen Krupp's order book). Anduramba is a prime example - excellent resources, but an inability of the company to address the basics of converting JORC's into market prices.
That said, DGR's structure is now such that it can only go forward - enough of silly "company making" and now the time has come to put firm plans in place to get the stuff out of the ground and "on to the shelf".
As long-time holders would know, I stopped out of DGR around the 30 cent mark, after initially entering from 11 through to 19. A good profit at the time, but I, like many, lost faith when the spin became too much to bear.
Now, however, I do consider D'Aguilar extremely undervalued - a 5 cents (or thereabouts) it is around 50% of book value, even allowing for the lack of action. Completed value is, as those with calculators know, well in excess of $1 - so the current price reflects lack of confidence in management more than anything else.
But at 5 cents - imo its well worth a medium-term buy. Certainly one I will be buying and holding as I can envisage a price of mid-teens within six months (once the dust settles).
Best regards to all holders.
Kit
- Forums
- ASX - By Stock
- potential for major new iron ore province
DGR
dgr global limited
Add to My Watchlist
0.00%
!
0.6¢

Yes. But...In early 2007 Nick Mather publicly stated that DGR...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.262M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 840136 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.005 |
10 | 4629751 | 0.004 |
8 | 5538480 | 0.003 |
7 | 8250000 | 0.002 |
2 | 3600000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 840136 | 5 |
0.007 | 845227 | 3 |
0.008 | 1600780 | 3 |
0.009 | 166500 | 1 |
0.014 | 249999 | 1 |
Last trade - 09.59am 07/07/2025 (20 minute delay) ? |
Featured News
DGR (ASX) Chart |
Day chart unavailable
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online