DCN 0.00% 28.5¢ dacian gold limited

Ann: Quarterly Activities and Cashflow Report, page-52

  1. 2,808 Posts.
    lightbulb Created with Sketch. 600

    On the half full glass side of things, it appears clear from the announcement they are studying how to improve the mining efficiency of open pit. So if these studies gives some results we could see some improvement and see a higher production at lower cost from open pit. And I assume as they operate the mine after 7 quarters their ability to chase higher grades would be likely to improve? Also considering that the production team will focus entirely on Open pit with the UG distraction a side will increase the chance. There will be some high grade ore from UG to be processed as the UG continued in July, Aug. If you look at my table above, the S19 Q was historical the best for open pit where they achieved 1.5g/t whcih is 36% better than what achieved in June Q. I am no mining engineer DYOR.
 
watchlist Created with Sketch. Add DCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.