Hi matty999,
I looked at BDR (Beadell) a few weeks ago and my notes were as follows:
-$1010 all-in sustaining costs/oz for 6 mos to June 30th 2014
-drop in grade from 1.47 (6 mos to June 2013) to 1.07 (6 mos to June 2014)
-considerable overburden tonnage
-has $22.9 mil cash
While the company is forecasting much lower AISC, I tend to rely on what
they did to June 2014.
KRM is ramping-up production having being out of action for nearly 2 years
due to a mine fatality. Unlike BDR, KRM is a narrow vein UG miner located
in Indonesia . Average grade during ramp-up is about 10.5 g/t and its forecast
All-in sustainable COP is about $700 which gives it a good margin unlike
most ASX local mines.With this grade KRM has to only process 10%
the tonnage BDR to get the same results.
I checked out all the ASX goldies listed by the AFR 3 weeks ago and who
had a P/E in FY 2013-14 (earnings)
they were:
BDR, CHN, DTM, DTR,DRM,EVN,HAW,IAU,MML,MOY,MYG,NST,
PEL,PRU,RND,RRL,RSG,SAR,SNV,TBR,TRY,VGO,HLX.
Please note that some of these goodies made income by selling assets and
some are now in the red now due to changed fundamentals.
Our biggie, NCM , was not on the list because it made a loss in 13-14.
You could also have a look at debt versus cash in the bank and beware
of those who may need a CR and, as usual, do your own research to
ascertain if the stock is suitable for your needs
