@flaming. I understand that management are trying to bring BDR...

@flaming.

I understand that management are trying to bring BDR into the black.
But they are more worried about there own pockets.

At this stage they have one strategy.
Keep drilling and hope for a bigger Duckhead.
and hope for the POG to head to $1400.

Yes I absolutely loaded up prior to the QTY.
What I got was the worst possible.
I did expect that they would be at the lower end of guidence.
But the cashburn really hurt.
Glad to most yesterday

I thought the previous quarter cash burn was high because they had
Put off paying some accounts from the previous quarter to that.
Knowing that production would be better in the 3rd quarter.

There is nothing to support that they can survive this year
Without a CR.
If they are lucky gold will rise before that happens.
There are better positioned companies to gain from a rise in the POG.

Cheers