DCN 1.88% 40.8¢ dacian gold limited

Ann: Production Update and FY 2019 Guidance, page-76

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  1. 1,484 Posts.
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    Like many others I’m disappointed by the recent productionguidance down grade and my reasons have already been aired by other posters,with the dilution of ‘trust’ being the hardest pill to swallow…. but I haven’tsold.

    I am waiting for the March quarterly to see if they can atleast forecast a production number 1 week from the end of the quarter. If theyare within their 36k-38k target (announced on Monday) then they have begun thelong road to rebuilding trust.

    For what it’s worth here is a table of their production forecastfor 2018/19.
    https://hotcopper.com.au/data/attachments/1482/1482341-86fd5e5ec80a85c6a6a63dfa70752cfc.jpg

    I must say that 50k (low end estimate) for Jun is looking along way off right now.

 
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