Ann: September 2015 Quarterly Report, page-74

2055 GMT - Brazil-focused miner Beadell Resources (BDR.AU) should finish 2015 with its strongest quarter of gold production, which would be a positive in an otherwise disappointing year, Canaccord Genuity says. The broker lifts its price target by 7.1% to A$0.15/share and retains a hold call, after Beadell reiterated guidance for 2H production of 65,000-80,000 troy ounces of gold at an all-in cost of up to US$950/oz. "We now expect total gold sales for 2015 of 120,000 oz at an all-in cost of US$1,012/oz, which sits well below original 2015 sales guidance of 170,000-190,000 oz," analyst Tim McCormack says. "We continue to look for consistency in line with guidance in the December quarter to help re-invigorate investor sentiment." BDR last traded at A$0.17. ([email protected];

tide turning, slowly....... need a blow out qtr in Dec low ASIC and 40k+...