Strange day for DCN today. Bots wanting the price lower. Did...

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