BDR 0.00% 6.5¢ beadell resources limited

Ann: September 2016 Quarterly Report-BDR.AX, page-35

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  1. 3,802 Posts.
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    At the start of the year most posters were of the opinion that the annual guidance was conservative "wink, wink" because BDR holders were sensitive to continued disappointment. Well it seems that every quarterly the production figures are significantly less than those forecasts predicted on here before the quarterly drops. Once again this quarter we have had issues and the previous quarter was preparation for this quarter. If we do 150k this CY this is essence around 130k as Duckhead will not be part of the ongoing production schedule. MACA will have had a significant impact on getting us to these underwhelming figures.

    Of course the exploration results are fantastic and there is the dream of actually mining the reserve grade or heaven forbid even better. This would in itself see a significant improvement in production, but geez how long are we wait to wait for the ship to turn around?
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