DCN 0.00% 28.5¢ dacian gold limited

Ann: Dacian Equity Raising Presentation, page-41

  1. 2,796 Posts.
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    Not sure what the hell management are doing here. Ditch the bankrupting existing operations and revert back to maybe just exploration of the NTM tenenments.
    Even a few hundred thousand ounces at higher grade would underpin the SP better than the current constant dilution and cash burn.
    Or is the Mertondale Shear zone not at all what it was made out to be?
 
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