Reading recent announcements, it is clear that we will be receiving a steady stream of announcements in coming months, followed by the all important LOM update later in the year.
While this is all very exciting with lots of irons in the fire, I can't help but ponder on DCN's ASIC issue with a big jump to over $1800oz for last Qtr,
With workers coming and going, will this not add to costs, as DCN m'ment will need to fork out more to attract the talent they need?
Hence, there is a real threat that ASIC yearly guidance of $1550oz (upper end) will not be achieved (currently just under $1500 YTD).
No point finding more gold if the costs continue to rise.
Gotta cut costs boys............and hope the POG keeps going up now.
Would love some feedback.
DCN Price at posting:
33.5¢ Sentiment: None Disclosure: Held