Ann: Mt Morgans Operation & Corporate Update, page-64

Main issue now is that mgmts credibility is shot and won’t be restored for a long time if ever. This is especially relevant as DCN mgmt were supposedly as good as it gets and one of the main reasons for investing in the company. This is obviously now turned on its head.
Add to this that the company is struggling operationally, their resource models are not reconciling, they have debt to repay, and their long-term business model is dependent on exploration success - this could go the way of GCY in a short time.