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28.5¢ dacian gold limited

Maybe some traders leaving GOR to go to DCN. No likelihood of a...

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coopers

4,233 Posts.

77

12/08/19

14:59

Post #: 39964640
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Originally posted by loki01: ↑

According to Nabtrade the fair value placed on DCN by Morningstar is $1.867.

In recent months Morningstar has consistently placed a higher value on DCN then other analysts - eg the consensus market value of DCN by 6 analysts recorded on the MarketScreener website is only $0.87, with the range being $0,42-$1,55.

https://www.marketscreener.com/DACIAN-GOLD-LTD-11790234/consensus/

It is a nice update we got today - but what we really need is lots more excellent drill results telling us that the LOM will extend to 10-12 years with a significantly lower AISC.

There is still the possibility that Rohan will do a CR to ensure there is no likelihood of not meeting their loan covenants, although they could re-schedule the repayments with the agreement of the banks as an alternative if funds get tight.

loki

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Maybe some traders leaving GOR to go to DCN. No likelihood of a CR with Gor though, so probably traders jumping, not longtermers.

DCN Price at posting: $1.30 Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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