DCN 1.88% 40.8¢ dacian gold limited

Ann: Production Update and FY 2019 Guidance, page-21

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  1. 3,000 Posts.
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    Agreed it is not a good look. I guess I have become numb to this sort of guidance stuff, playing in the gold sector for too long.

    However, purely on a forward guidance point of view and peer comparison the stock is still a buy. The 100 kt from the underground in March looks like a good turnaround.

    The stock is now undervalued in my eyes. Obviously it requires you to believe what they say going forward, which becomes harder to do now. I bought some more at $2.08.
    Last edited by nordesmic: 25/03/19
 
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