DCN 1.88% 40.8¢ dacian gold limited

Ann: Production Update and FY 2019 Guidance, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,151 Posts.
    lightbulb Created with Sketch. 2294
    It seems like a rectifiable issue rather than any fatal flaws and the fact it wasn't open pit grade issues as people suggested is probably a positive.

    On the other hand does anyone know why if they are expecting 50-55koz in June quarter (pretty much full run rate) they are guiding AISC at $1,050-1,150 when they think they can do $1,000/oz? At the top of that range that's basically a 20%+ cut to margins for full production. Does change the metrics a bit for the company.
 
watchlist Created with Sketch. Add DCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.