If the normal price cycle is followed for the typical explorer to producer we should see a rise again when we move into production phase. Dependent on POG but his should be around or slightly higher from the previous peak.
With a 21 month payback , 7 or so years mine life , AISC < $1000AUD and expected annual production of 200,000 ounces or so ( with potential exploration upside) the fundamentals are impressive.
As always DYOR and GLTAH
DCN Price at posting:
$1.95 Sentiment: Hold Disclosure: Held