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0.00% 28.5¢ dacian gold limited

AFR Street Talk - Dacian Gold bites recap bullet, page-14

  1. Lithos
    902 Posts.
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    08/04/20
    09:51
    Post #: 43943191
    Thanks for the modelling. Not sure that you can assume no hedging for the latter years, as 1 years production over three or four years is usually the of hedging that is considered sensible. If any debt, financiers will want the higher endo fo this range. Agree that with US Fed policy wedged, and given where we are in the commodity cycle, a high A$ gold price is a fair assumption for a few years yet.
    Last edited by Lithos: 08/04/20
    DCN Price at posting: $1.40 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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