DCN 0.00% 28.5¢ dacian gold limited

AFR Street Talk - Dacian Gold bites recap bullet, page-12

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    Revised table which gives a cash flow of ~ $ 380 M until EO FY23. No debt and some cash in the bank. There is no hedge yet for FY22 and 23 so I am assuming respectively 2400 and $ 2700 per ounce. When you compare it with previous cash flow, by memory in the region of ~800M, you get half of the cash but concentrated in the first 3 years so at an improved margins and NPV. So assuming exploration upside and a sound plan for Westralia I could assume the same MC of today + 100M total MC in the range of $ 400M/560M shares = ~0.7$/shares which is a 100% upside from CR price if we have access to it and everything goes per plan could alleviate the pain. Just IMHO and DYOR
    https://hotcopper.com.au/data/attachments/2084/2084886-a22e13d5a92bc16280db65d17bd72142.jpg
 
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