DCN
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0.00% 28.5¢ dacian gold limited

AFR Street Talk - Dacian Gold bites recap bullet, page-4

  1. jinxedin
    119 Posts.
    lightbulb Created with Sketch. 20
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    07/04/20
    20:22
    Post #: 43936738
    Hey, ANTON707, What I don't understand is should the company be valued with the Mine Plan or the 749,000 oz they have said that are the ore reserves; given 200koz or so of those happened to be in their now closed underground mine? If it is 749k then 30c is cheap, but if it is the mine plan, then the company is probably worth that? I think that Leigh Junk is catering for his friends i.e. raiders, closing Westralia is a knife in the guts of the shareholders.
    DCN Price at posting: $1.40 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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