Hey John, cheers for the heads up. I would be very surprised if grade control had been stopped altogether... as surely there is no alternative?? (unless they plan to stop producing altogether!) I was able to exit most of my holdings a few months ago, as I have been burned by developers in the past, so its 1% of my portfolio, but of course, ever % is important!
I believe the capital raising they are completing over the weekend, is to enable them to indeed blend their ore.
May I ask, are any of the points I make in the posts above regarding DCN on the right track?
I know they plan to release a new mine plan in Sept, which is fine, but I just wonder about the timing, as NTMs assets are no where near ready to be booked as reserves, so, the focus is clearly on the U/G around the plant. Can I ask your thoughts on the U/G?
Without wanting to detract from DCN threads, are their any producers in W.A that you are positive on (not the big end of town, but.. everything below that)?
Been appreciating your forthright posts on HC.
DCN Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
