|
|
|
|
|
Market Update
of
Global Resource Industry Interests
| |
|
Friday 10 May 2013
The Board of Directors of DGR Global Limited (ASX:DGR) is pleased to report the continued development of its wider global resource industry interests with the following recent developments.
DGR Global is represented on the board of each of these investment interests and has provided varying degrees of corporate and technical support contributing to their initial and on-going development. The combined market value of DGR Global�s retained equity position in the listed companies mentioned below currently exceeds $33 million.
In addition there are a number of unlisted subsidiaries in the DGR Global group which promote the opportunity for further world class discoveries. The most advanced example of which is IronRidge Resources, which holds prospective tenements in Queensland, as well as several prospective iron ore projects in Gabon; the first major tenement area being close to the giant Belinga Railway project, and a second site at Tchibanga, which is only 60km east of the Gabonese port of Mayumba.
It is important to note that DGR Global is not merely the collection of a series of investment assets. The DGR Global business model is focused on the repeatable process of generating commodity-focused resource exploration projects and developing them from their early exploration stages through to independently financed, listed and managed companies. Projects are generated directly through the skills and experience of DGR Global�s team of exploration geoscientists, not by the costly purchase of properties. It is important to note that the timeframe from value creation to value realization within the resource industry is sometimes variable and unpredictable. However, the project generation process championed by DGR Global is typically a cheaper route to ultimate value realization than the acquisition of projects on the open market.
To view this announcement in full please click here.
Yours,
DGR Global Limited
|
| More... | | | | |
| | | |
This email was sent by DGR Global, Level 27, 111 Eagle Street, Brisbane Australia 4000
to newsrelease@24hgold.com
Unsubscribe
