DCN 0.00% 28.5¢ dacian gold limited

Ann: Preliminary September Quarter Update, page-129

  1. 2,547 Posts.
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    .............probably be a takeover bod as soon as the debt gets under control................

    You guys are all over the detail (meaning I am not) so should able to shoot this wild duck (idea) down pretty quickly.
    What would be the possibility of a wild card strategy of pay the debt down to a point of ability to refinance then instead of looking to reconvene UG ops, flip that off to someone else and instead take on an open cut acquisition - logic being to achieve scale (+ overall LOM) and at same time position to avoid becoming a T/O target. Just being a little out of the box to see if it shakes out any other potential scenarios sneaky.png
 
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