BDR 0.00% 6.5¢ beadell resources limited

re: Ann: December Quarter Gold Production and... Biggest risk...

  1. 675 Posts.
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    re: Ann: December Quarter Gold Production and...
    Biggest risk for BDR is the grade coming from Tucano. It appears much lower than the reserve grade.

    They milled a lot of the lower grade stockpiles as mining from the pit was around 1/2 of that milled for the quarter.

    Biggest concern is that Tucano doesn't appear to be preforming. Thank God they are mining Duckhead at this moment. Even with a 30% positive bias on the reserves it still only provides a 32K oz addition in reserves if this consistency was maintained for the current LOM schedule.

    Might be then difficult for them to be within guildance.
 
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