DCN 0.00% 28.5¢ dacian gold limited

grade is there just 85% of what they thought, though that could...

  1. nk
    3,086 Posts.
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    grade is there just 85% of what they thought, though that could change for the better

    which is why LT AISC will be 1300 rather than the 1000 we hoped.

    still the PFS was done on AUS1600 gold price and now its 1900+so what's the diff!

    The irony is that capital was raised and money borrowed based on the higher grade. If they has used the current grade it would have been difficult to borrow and there would be 500million shares on issue

    so winners are those buying now, that's how it is with gold mining , a very risky volatile game . Wingers handwringers and faint of heart should stay clear.



 
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