DCN 0.00% 28.5¢ dacian gold limited

Ann: FY 2020 Guidance & Updated 8 Year Life of Mine Plan, page-148

  1. 995 Posts.
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    I have started building a position here. Valued at roughly 200M including the 60M debt, I am grateful to have the opportunity to get in at around 60 cents. My main concern was around a dilutionary cap raising, and this risk has been reduced based on latest correspondence. Unless there is something we are not aware of, I just cannot see it staying at these prices for long provided the gold price holds. Opportunities like this to get in at such an undervaluation are rare.

    Would like some of my other gold shares to look at taking this over at these prices.



 
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