DCN 1.88% 40.8¢ dacian gold limited

Ann: First Ore Mined At Allanson Underground, page-39

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  1. 11,185 Posts.
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    The first sentence of the announcement says the project is on track to achieve commercial production this month.

    I doubt it would be wise or even possible to announce an AISC in respect of the Dec 2018 quarter if commercial production has only just been reached a week or two prior to the end of the quarter.

    The March 2019 quarter would be the one where investors get a better idea of the likely steady state costs. I doubt RW would stoop to giving monthly updates like some of the other dog gold stocks where the only aim is to suck in the punters and then burn them when those monthly figures aren’t truly representative.Esh
 
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