DCN 0.00% 28.5¢ dacian gold limited

No way, don't be silly, page-60

  1. 734 Posts.
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    Only a fraction of KIN dirt will ever be mined and at 1.4g/t per ton head grade at best with Aus gold $2,596 is $82 per gram so its $116 per ton dirt. Say 90% recovery now $104 per ton and say $50 milling costs now $54 dirt minus mining and transport say $10 per ton so now $44 per ton. corporate costs $5? and not sure cost of discovery costs say another 35 now its $9 dirt, if they get more dilution then expected say neg another 15% now $7.65 dirt and now cost of capital to fund it all ???? or a drop in gold price its a zero mine!!! if they miss an ore delivery or milling window they will go broke. good luck to all and do your own research.
 
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