Almost 50% drop for 2 months ! A new sad record for DACIAN ! The question now is to know the future of DACIAN. The next general meeting should tell us more about the results of the past year and the prospects for the year to come. We will certainly be entitled to the usual regrets, the Covid, the result of the drilling has not been the one hoped for despite the tens of millions invested over the past 2-3 years, production costs have increased, etc... It remains to be hoped that, now that DACIAN has turned the page on RW's nonsense, the cash flow generated by the sales at the current price makes it possible not to issue shares again. However, given the downward trend, it would not be surprising that this is what L. Junk has in store for us. 2-300 million new shares between 12-16 cts would be in line with what has been happening since his arrival. A new catastrophe for the old shareholders and a chance for the new ones, provided that DACIAN finally justifies the hopes placed in it and that the board justifies having the salary/market capitalization ratio probably the highest of the small caps !
DCN Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
