BDR 0.00% 6.5¢ beadell resources limited

Ann: Operations Update, page-59

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  1. 20,482 Posts.
    lightbulb Created with Sketch. 2030
    Atomik
    Give it a couple of weeks to see SP reaction. Analysts will look at announcement , contact company and adjust targets as they see appropriate. Instos with positions also don't exit in a day , it takes weeks Sometimes

    As I have said before , the issue is they keep processing their reserves unprofitably while cash decreases and net debt increases -they ate eroding worth. As reserves are processed debt should have been decreasing
 
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