DCN 0.00% 28.5¢ dacian gold limited

Substantial holders inside info?, page-49

  1. Mkr
    4,652 Posts.
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    Can you shed light as to why you think it is going under?
    As i see it, The Hy report shows just under $48M of debt is due by end of this year (CY 2019).
    A further $27M year after (CY 2020). Total debt due in the next 18 months is $75M
    Current assets excluding inventories are worth about $70M
    Add in FCF over the next 18 months (estimated margin $300/oz for 150k oz is about $45M?), I see limited scope of the ship going under.
    DYOR IMO
 
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