DCN dacian gold limited
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Based on the last 6 quarters avg ore processed through the mill...

  1. ANTON707
    2,860 Posts.
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    22/03/21
    18:11
    Post #: 51954290
    Based on the last 6 quarters avg ore processed through the mill is 730k tons. So the Mill capacity is consistently working at 2,9M tp annum.

    If we assume they process 730k for MQ and they are able to convert the same amount of ore to ounces as per DQ (3,77%) then they should hit ~29k ounces, but if I am not wrong the DQ open pit grade was quite good.

    I reckon anything between 26 and 29 will be positively received from the market.
    DCN Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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