DCN
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0.00% 28.5¢ dacian gold limited

Dacian rerated, page-108

  1. fmx_rider
    2,607 Posts.
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    22/07/19
    19:03
    Post #: 39637899
    I see a lot of similarities with WGX (cost, grade, mix of UG/OP, historical deposits). Based on peer valuation at half WGX’s production rate (150koz for DCN) I had a target of $400M or around $1.80 as a target by end of the year for DCN. That is assuming production targets met and gold staying strong.
    DCN Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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