Member Info for DGR1980

Huldiii - The changes were communicated in the RNS on 28th July 2022 that he was stepping down as a director, and remaining as a non exec chairman.
The most recent RNS was that he was giving up that role with Troy taking over, which will have had a 3 month handover since he joined in October.

I'm not sure there is much more they could have communicated

Huldiii - Or there has been no real news to communicate

A rise would be nice absolutely.

However i'm just as keen to increase my holding further while keeping my average below 100p. At that price you're looking at annual divis around 10%

Holding increasing nicely now, average still solidly mid 90s.

Lovely

I don't, but i think we've found a grinch to go into the green coffin

That 25% of my holding are already in as sell orders. I've taken the emotion out of it.

The rest i can happily hold regardless of price. I don't over commit to any one share in my portfolio, so am not panicing on a slight down turn, although you seem to only arrive on red days.

Smiller - I agree most people don't let winners run long enough, however for me past experience with that has cost me a lot of money.

My current plan is to slice approx 25% of my holding at a series of price points. This will return 3x the capital i've invested in UFO. The rest will be left to run for the big bucks

Works for me. I'm 90% up at 1p

I've got whoever posted this blocked, but surely taking 1p off and adding 2p to Max's predictions is a bit rampy?

If the Iron Ore starts shipping H1 2023 i can see 5p by Christmas.

If thats the case, I'll have sold 25% of my holding in slices

Pottersfield - Agreed.

It seems as we get closer to Christmas and more people are at work, the more paranoia comes out of the woodwork.

Its as if SD hasn't done enough to earn the benefit of the doubt yet

speedy - For PIs maybe, thankfully the IIs that SD has bought on board will be less ruled by emotions.

While i appreciate people are excited about the silver price, we're currently looking to become an iron ore producer so its less relevant than it was a year or two ago

Thats not enough

Also explains why we dipped back to just under 0.45p

Matty - But then the Newcrest CEO role is a bit of a poison chalice. Its all about getting the shareholder returns back there now. That is not the sort of role that SD would want at this point in his career. At GGP he has the potential to build a monster, at Newcrest its about stability. I would see the Newcrest CEO role right now as one for someone towards the end of their career

Its surprisingly common for people to progress from CFO to CEO

Agreed. for long term value investors anything below 100p is just a gift. And i'll continue to add to my pension while its this low.

All the noise is coming from traders

We're down all of 0.01p.

So about the same as the wider markets.

Well done trolls

5x5 - Thats from 2020