The shorters continue to work hard ...! And so far the news announced to the market by DCN proves them right, remains to be seen until when ...? If Williams sold, or rather gifted 2020 production at a low price, what about the ounces sold ? And if this is a figure based on the "promised" production of 180,000 ounces / year, that would mean that the 1st quarter production and possibly part of the 2nd quarter of DCN production in 2021 would go towards finish delivering a few more tens of thousands of ounces of what will go down as one of the worst deals in Australian mining history !
DCN Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held