Hi all,
I've re-read the Sep 16 qtr report and re-reviewed the last three presentations.
In anticipation of more positive Tap drill results coming up next week, and that the AISC is estimated at $930/oz at the upper end compared to a notional lowered pog at USD1,150/oz, plus nearing the end of Nov with no bad news flagged, I conclude that the risks to BDR is minimal in the short term.
So I've placed a trading bid for 100K BDR at 31c. Let's see what the bots do tonight.
All the best, people. Cheers. R.
