DCN
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0.00% 28.5¢ dacian gold limited

agreed, EAR is good but still need more times and outgoings to...

  1. davidvestor
    400 Posts.
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    10/07/19
    12:06
    Post #: 39454417
    agreed, EAR is good but still need more times and outgoings to prove up to production. DCN is churning out cash day by day, why wait if can get it now.
    I think the mgmt is trying to be conservative now after being beaten by quoting A$1800 POG, the difference is A$200m in EV. If you think POG is going to maintain or going up, this is a no brainer to me. classic low risk high return story! GL & DYOR.
    DCN Price at posting: 64.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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