DCN
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0.00% 28.5¢ dacian gold limited

Ann: Change in substantial holding from GMD, page-7

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  1. Greenflint
    1,822 Posts.
    lightbulb Created with Sketch. 702
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    23/08/22
    09:51
    Post #: 63263909
    My bad calculation:

    In total DCN would have $70-76M and if the burn rate on the exploration front is $7M/qtr, then there is enough cash to last at least 10qtrs before the cash runs out.
    Last edited by Greenflint: 23/08/22
    DCN Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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