DCN 0.00% 28.5¢ dacian gold limited

Ann: Greater Westralia Mining Area - Mineral Resource Update, page-37

  1. 1,805 Posts.
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    Thanks for the feedback. But seriously when is DCN going to kick start the U/G mining? Reason why I ask relates to the amount of higher grade ore from the U/G mine that needs to be blended with the lower grade O/P in order to reach the 1.3g/t grade to produce 29Koz of gold. Obviously the lower grade the O/P ores, the more U/G ores need to be mined and there is only 1.5 month left for this quarter.

    Needless to say this two prong mining approach will ensure future milled grade is maintained to deliver qtrly production target. Stockpile of higher grade ores will make sure that DCN will become a more reliable gold producer. A more professional team.

    On the above basis, would you now change your rating to buy instead sell?

    Cheers.
 
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