BDR beadell resources limited

a bargain buy at 90c, page-5

  1. 816 Posts.
    You can't use cash cost. You gotta use total cost.

    PRU reported cash cost of 500-600$ but also reported total site cost of 1000$/oz.

    On top of that there is debt to consider, mine life and how much work has been done on the deposit (like how much is moved into measured/indicated category).

    Typical investor mistake to use the published cash cost and saying this is a strong buy.
 
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