DCN 1.88% 40.8¢ dacian gold limited

Ann: Trading Halt, page-82

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  1. 15 Posts.
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    Yeah I was doubtful about low ASIC from the overall grades before any CW announcements.

    I was hopeful Cameron Well would have some higher grades and help the future AISC as I am always more focused on the future state of affairs relative to the current.

    Outside of Westralia I don't see much that separates Dacian form other companies. I was thinking they could explore to add some tonnes and grade to what they already had. Westralia Is less than half of their resource. Also the reserve grade are lower than resource grade and this is due to Jupiter which is needs some upgrades to its grade levels. I think the management team is better at exploring than production and as they are in the production phase I will take a wait and see approach. None of the recent drill results have excited me about the future at this point.

 
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