IMO this should pick up in the new year. I guess there are still quite a few unanswered questions, and whilst the resource estimates are good (and therefore the SP discount to EV remains large) I think what the market now wants to see is action at ground level, not just at the corporate structure level.
IMHO the potential for DGR in 2008 is excellent. If you think about 2007 its not too bad - we've gone from a breakout at 11c to a high of 49c, and then found good support at around 20c. A year end close somewhere between 25 and 30 would be a good result for the year. Next year I reckon we will retest those highs - just a matter of the DGR lads searching the tool sheds for a spade or two and getting stuck in.
Best regards Kit
DGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
