BDR 0.00% 6.5¢ beadell resources limited

The cash trend looks good from here but they needed that extra...

  1. 140 Posts.
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    The cash trend looks good from here but they needed that extra $5m eh.

    Good to see no major production problems, just some tweaks and easy wins to really ramp things up from here. Look for this plant to perform well above nameplate capacity this year.

    Good to hear Zamina are on board too and there doesn't look to be any dramas with the change in ownership. The iron ore price is up as well, so cost savings from the magnetic separation plant will be above forecast if the price holds steady.

    11k oz of recovered gold in your first full month is pretty good. They should easily achieve this too since they 7.3k in hand and 3.9k in circuit.
 
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