DCN 1.88% 40.8¢ dacian gold limited

Darcian to go cash positive this Quarter, page-2

  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Strange day for DCN today. Bots wanting the price lower.

    Did anyone send the bots the memo about the gold price being at $1,862/oz.

    Going back to the Nov 2016 feasibilty you have for Mt Morgans

    UG
    Beresford AISC = A$845/oz
    Allanson AISC = A$819/oz
    Combined = A$837/oz

    Open Pits
    Heffernans AISC =A$1,108/oz
    DoubleJay AISC = A$1,241/oz
    Ganymede AISC = A$1,485/oz (2021-2024)

    Even misses on these numbers still produce big margins.

    If they hit their targets on the UG we are talking margins of ~A$1,000/oz on the UG ores.

    Is the market awake to the potential that's developed due to the rising gold price. I don't think so.

    Eshmun
 
watchlist Created with Sketch. Add DCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.