DCN 0.00% 28.5¢ dacian gold limited

2020 December Quarter, page-8

  1. 2,802 Posts.
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    You are spot on @tictoc60. However we can norrow it down a little bit if we Look at the 27th AGM presentation. Which is more recent than the LOM guidance of July and the 2/3 of the December Quarter production was on hand. They were pitching 160,000 Ounces, just in the middle of 150-170k.

    https://hotcopper.com.au/data/attachments/1908/1908096-bbcf5fafdee3bd3bd66df8ce13cc6fca.jpg



    160,000 x 45% (1H) = 72000 ounces in 1H minus 42000 produced in SQ equates to 30,000 ounces in Dec Q. Which is the most educated guess from last news available to the public. Now we can out some enthusiasm given the SP movement and we can end up 10-15% north of 30,000.

    As usual IMO only, DYOR and GLTAH

 
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