So one of the “highlights” of the Dec 20 announcement is the Mt Morgans mill needs more water for on going operation. Some highlight. Has it been mentioned before? I couldn’t find it. Were Hoover House investors told?
“In the event the dump leach material underperforms, other suitable economic ore sources cannot be sourced, or timely access to supplementary water sources is not secured, it may become necessary to place the mill on temporary care and maintenance.”
I am sure the board are really trying to make a go of DCN as a stand alone company now the takeover has failed. Not enough water for the mill … talk about unlucky.
DCN Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
