Ann: Beadell Announces Board and Management Changes, page-103

The market for BDR shares seems to have started an upward bias since it hit those desperate 10cent lows and I suppose that reflects what you are saying that there is an impression that there isn't a lot of downside risk in the company. If it gets back up through 19cents and consolidates above there then I think the downside will have diminished as this will only happen off the back of an improving gold price, some operational turn around or a surprise catalyst. Personally I'd be happier buying above 19cents than now.

Eshmun