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DGR Global Limited ( (AU:DGR) ) has issued an announcement.
DGR Global Limited has been ordered by the Supreme Court of Queensland to provide $3.46 million as security for costs in its legal proceedings against multiple defendants related to Armour Energy. The company is evaluating its options, including the possibility of appealing the order. This court judgement could have significant financial implications for DGR Global, potentially affecting its operations and stakeholder interests.
More about DGR Global Limited
DGR Global Limited is involved in the creation of resource exploration, development, and mining companies. Utilizing a skilled team of geoscientists, the company identifies resource projects with the potential for significant discoveries of valuable commodities. The business focuses on commodities with favorable long-term price outlooks, under-explored geological terranes, and jurisdictions with improving regulatory frameworks. DGR provides initial funding and management support to develop these assets through various stages of funding.
YTD Price Performance: 0%
Average Trading Volume: 496,761
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.39M
Find detailed analytics on DGR stock on TipRanks’ Stock Analysis page.
