DCN 0.00% 28.5¢ dacian gold limited

Ann: Quarterly Activities Report, page-13

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  1. 1,822 Posts.
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    Below is my revised guesswork on the cashflow:

    https://hotcopper.com.au/data/attachments/2832/2832472-d82c72382a5d200e4179e9030fb6a18a.jpg

    DCN has done well in term of selling its unhedged gold at the spot price of $2,629/oz for the Dec qtr 2020.

    DCN becoming debt free by Jun qtr 2021 is clearly doable even with gold price @ $2,400/oz. Two major events are coming up in Jun qtr 2021:
    1) Debt free
    2) Completely out of poor hedged gold price will give a boost to DCN SP.

 
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Currently unlisted public company.

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