DCN 0.00% 28.5¢ dacian gold limited

Ann: Quarterly Activities and Cashflow Report, page-14

  1. 2,808 Posts.
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    you are right, the production should be in that ball park as there will be space left in the mill for additional ore to be processed from the UG which I did not took in account. So all in all with a production pointing to the top end of guidance (120kounces) this flow of announcement is definitely to be taken as an improvement on the balance sheet side and should clear any doubt on the fact that a CR is not needed. The conundrum which will unlock the upside here is the LOM, which however present options on LJ table: UG, exploration, M&A. However my personal view is that SP is severely punished for the past sins and there is upside also before the LOM is cleared. All IMO NO financial Advice, DYOR.
 
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