BDR 0.00% 6.5¢ beadell resources limited

Ann: Annual Report to shareholders, page-2

  1. RVR
    6,301 Posts.
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    I can't seem to find any new news in this report.
    Seems overall a disappointing year, and not adequately released to SHs as the sp fell, implying that somehow many read between the lines much more perspicacious ly than I did, lol.

    "Costs of production
    During 2014 costs of production have increased due to higher mining costs as a result of increased maintenance material costs, contract costs and use of rental equipment. Additionally, variable processing costs increased due to increased plant throughput.

    Costs of production were also adversely affected during the year as a result of a severe wet season (rain fall was 29% above historical mine site average). Additionally, mining was temporarily suspended at the Duckhead pit whilst Zamin, the local Government Mining Department and Beadell analysed and agreed on a legal structure to allow Beadell to continue mining. "
 
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