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0.00% 6.5¢ beadell resources limited

As I have said before I think the main problem will be with the...

  1. worzel1
    1,297 Posts.
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    22/02/17
    16:06
    Post #: 22817813
    As I have said before I think the main problem will be with the valuation of the ore stocks. To put it into perspective NST had an ore stock inventory of $32.2M at the end of December. At the half year BDR had an ore stock inventory of $58M. I don't know the grade of the NST ore but I'd bet it's a lot higher than 0.7g per tonne.
    BDR Price at posting: 31.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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