DCN 0.00% 28.5¢ dacian gold limited

Ann: Trading Halt, page-20

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  1. 19,439 Posts.
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    You wouldn't think this would add 3 years of reserves, especially when we are expecting the previous reserve numbers to come back given the reconciliation seen to date. I am thinking @timbin4's theory that the 8 years are aspirational might be on the money

    I don't have a theory that the reserves will be spread over 8 years instead of 5, I am just wondering how they can justify a increase in the mine plan life from 5 to 8 years on a reserve background where the ore has been running 85% of the previous plan. I guess we have to wait and see if the plan is believable or if it is more Rohan fantasy.
    Last edited by Davisite: 08/07/19
 
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