BDR 0.00% 6.5¢ beadell resources limited

Ann: June 2017 Quarterly Report, page-23

  1. 134 Posts.
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    I cannot believe this company is mining and treating 0.93 g/t or thereabouts dirt. Such low grades are the main problem yet the drill sections point to grades being much higher. I dealt with this kind of thing before where grade control stinks and ore mining is hopelessly inaccurate. I might call the CEO and suggest I do some consulting to identify the operational absurdities that I suspect exist at this mine. Long way to fly from WA. Looks like the though put should be reduced, costs slashed and grade lifted with better operational discipline. Way under on this stock but the sections look better than what we are seeing produced.
 
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Currently unlisted public company.

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