DCN 0.00% 28.5¢ dacian gold limited

After the recent sureg in SP I am getting quite optimistic on...

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    After the recent sureg in SP I am getting quite optimistic on December Q results, however herebelow some data available to guessestimate December Q results:


    1) Historical data Quarter by Quarter:

    https://hotcopper.com.au/data/attachments/1906/1906523-dde01aa41732ec9e38c473acca0ea5e4.jpg

    2) 27th Nov AGM presentation quote [...] • Production of 42,002oz positions MMGO to achieve 1H FY2020 guidance of between
    67,000-77,000oz, and annual guidance of 150,000-170,000oz
    Unquote

    3) 28th Oct SQ activity report quote[...] Open PIT Mining Plan at Jupiter during the December quarter will be principally on the Heff05 sub-pit where stripping waste that forms the hangingwall to the high grade CSZ will be the main focus of activities. Wastestripping during the December quarter will allow mining to access the higher grade CSZ in the March and June quarters of 2020, leading to higher levels of gold production in 2H of FY2020, as previously guided.[..] Unquote

    4) 28th Oct SQ activity report quote[...] UNDERGROUND – WESTRALIA MINE AREA During the December quarter, ore is to be accessed at Beresford South on four levels with 11 stopes scheduled for production; at Beresford North with ore development on one level and 10 stopes scheduled for production; and at Allanson ore development is scheduled from four levels and production from 12 stopes.

    Given the available data and latest official guidance of 67000-77000 Oz for 1H, the 35000 Ounces looks achievable also looking at historical data as it never went below 35003.

    Next question will be if the higher end of 1H guidance is achieved is the 170000 achievable by year end?



 
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