Ann: September 2016 Quarterly Report-BDR.AX, page-185

Bin - whether its true or not is the whole debate, hence why I said 'for me'.
I will disagree with you about SLR, or even RMS. They both have very short mine lives, nor have they they ability to ramp up production above 150k ounces for an extended period (although RMS might come close for a year or two). BDR should over time prove that its past performance of 190k p.a was not a fluke.

Their exploration potential is limited compared to BDR, plus BDR is a pure open pit play for now. They can mine for 8 years and not go U/G at all, yet SLR and RMS do and have the capex costs to brag about.

You know all of this, but BDR is a turn around story, it take time to fix something that was totally abused for 4 years. RMS and SLR are both old mines with old plants, BDR is the opposite is many ways.

That would be my pitch if I was salesman anyway