BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-13195

  1. 13,234 Posts.
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    One can mine anything but you need logistic, transport and processing facilities. All those takes lots of money and time. BDR does not that sufficient logistic at current stage.
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    That is what was biggest issue this year. BDR could not manage Excavation, Transport and Processing.
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    BDR is trying to upgrade processing facility. THAT NEEDS CASH, LOTS OF CASH. BDR is short on cash (just 4 mill in bank)
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    Capital Raising (CR) is Imminent. My estimate is around 10 Mill Cash Injection. Capital Raising is already reflected in BDR share price.
 
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