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1.88%

40.8¢ dacian gold limited

If the issues were fixed allowing an unimpeded March the March...

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Pigeon Pair

323 Posts.

12

27/03/19

14:15

Post #: 37901186
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Originally posted by timbin4: ↑

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

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If the issues were fixed allowing an unimpeded March the March result will be a solid guide.
Let's hope it's around 16 - 18000 ounces

DCN Price at posting: $2.39 Sentiment: Buy Disclosure: Held
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