DCN 0.00% 28.5¢ dacian gold limited

Ann: Underground Mining Commences at Beresford, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,763 Posts.
    lightbulb Created with Sketch. 389
    Of those very, very few (1 in a 1000(?)) explorecos never make it this far. Then heaps of development miners fail because of poor resource management, eg. metallurgy just wrong, grade control uneven/low, etc.

    DCN is rapidly growing its resource base with mill redesign for increased throughput/different rock in the works once all drill results are in being in the cards. With construction risk increases, this is normal. There will be delays, from ass-crack showing tradies connecting bits wrong to, schedules missed because of _____.

    These normal construction dips MAY be BUYing opportunities. MAY.

    So I expect delays affecting the medium term sp. Then the underlying commodity, AISC, general/macro economics takes control.

    In a word, it's all about MANAGEMENT from now. Except for a botched cr (perhaps chastening the BoD), cited on one of the two latest threads, management have been solid; with the drill bit happily surprising.

    OV
 
watchlist Created with Sketch. Add DCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.