I bought into this stock the day after its big fall and topped up over the preceding few trading days.
The announcement in the coming days is either going to make me fell like an astute investor who can spot an unloved stock sold down to far or a speculator with no clue who should stick to Passive managed funds.
I work underground and see first hand delays and stopes not matching our data sets, equipment failure and even worse personnel injury.
DCN has a resource, yet to be fully quantified and start up problems. Balance sheet issues too.
What to do? Capital raising or bank debt extension look likely.
Mining profitably, well that is why we invest. I can't help but think the company has a number of short to medium term issues facing it, another two quarters and I will have a better idea on whether this company will ever be more than a 'specie'.
On looking at DCN verses its peers in the WA Gold space who are producing this company looks stupidly cheap.
Goodluck to all current holders hopefully positive news Wednesday morning.
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