STTCOMP DGR TA LONG Market cap ~ 29$ million Last price - 2.6c
Even after tripling its marketcap the last few days, I still think there is a lot more in the tank given the more recent announcements involving their stake in gold/copper company Solgold on London Stock Exchange.
Key notes
7% stake in Solgold which has a marketcap of ~600 million AUD = 42$ million in assets.
Top shareholders of Solgold (LSE) comprise of 10% BHP and 10% Newmont followed by DGR.
Recent Solgold announcement of $750 million USD finance to advance Cascabel (its gold/ copper mine) is a positive sign with Solgold shares trading at 20% higher on LSE than it did last week. (which is the reason for the stock's surge from 0.9c to 3c yesterday)
Could be an invest and forget play given that project may advance given everything goes well in 2026-2028.
