Warning signs for for share price collapse, page-4

In the last update the reconciliation to reserves was running at 85%. This is just saying the grade mined was only 85% of the reserve estimate used for the business case (the DFS). The reserve estimate is supposed to be accurate and independent. The same thing happened with GCY where the reserves were estimated to be 1.3g/t, but it turned out to only be 0.8g/t when mined.

These sort of descrepancy are very worrying as the grade is critically important to the value of DCN.