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
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