DCN 1.88% 40.8¢ dacian gold limited

Ann: Mt Morgan Ore Reserve Increases 16% to 1.4Moz, page-27

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  1. 1,160 Posts.
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    Have you gone through the costs and mine plan? If so, which aspect of DCN's cost numbers don't pass your sniff test and are at risk rather than comping grades? Trying to make apples and oranges as much apples and apples as possible to assess as best as possible. DRM has gotten AISC in to the $1000 range on grades less than half of Gwalia. Grade is important but not a 1 for 1 relation to where costs should be imo. RRL manages $1000ish on 1gpt and looking at $1150 on 5gpt UG extensions. So with DCN targeting $1000 but not promising it, Landing around $1100 would be fine but ideally want it under and live up to feasibility. That said where's the real issue?
 
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