Seeking Alpha has joined my club, albeit two years late....
- Beadell has lost all credibility and the problems it promised to tackle have not (sufficiently) been dealt with at all.
- I still hold my shares but I have lost my patience.
Pablo, that is some amazing thinking in your post. Can you give Pete a call and tell him
1) it rains in the wet season, and average means average - not the exact mm of rainfall you will experience each year
2) if you plan your mine NOT to mine at the bottom when it is full of water that will be a GOOD plan
3) if you think about the DIRT ROADS and the RAIN... and if you come up with MUD, then you are thinking good
4) ordering equipment really is not like shelf shopping at Coles; you will need to think about WHERE that equipment is, in the world, and how the equipment will get from THAT place to YOUR place; and you need to think if the equipment is actually available and you need to think about the time it will take and the plan you will have to transport the equipment; thinking about those things are GOOD
I digress. Darn, I promised to go away and not complain. It is just that it is a red flag to the bull (for me) when 'suddenly', 'out of nowhere' these problems are garnering attention by the media. Does the media actually get paid to analysis (state the facts) of what happened ONE year ago. It would be like turing on the weather forecast only for them to forecast what happened LAST WEEK. That would give them an advantage, hey! And if someone pays them to forecast yesterday, with yesterday's data in front of them... well, that is a good gig to get. I wont pay for that.
