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6.5¢ beadell resources limited

"... Why this presentation now? Another Capital Raising?..."...

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LiWeiXie

36 Posts.

19/09/17

01:05

Post #: 27303060
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Originally posted by roka ↑

Management are focusing on exploration so the company becomes a prime target for sale to a major.
Then they can walk away to the next turkey that needs dressing.
Plant isn't going to be optimised till after Sept 2018. That's more than a year from now.
No detail on operations. Why bother when your only goal is to pump and dump.
Why this presentation now? Another Capital Raising?

Market is not rewarding optionality plays like these at the moment.
No focus on operations leads to lack of earnings certainly leads to continued share price weakness.

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"... Why this presentation now? Another Capital Raising?..."

Cash flow challenges, rumors of CRs ... and a random corporate presentation arrives out of the friggen blue?!?

Alarm bells ringing, sirens wailing, red flags waving!!

BDR Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
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