Bin - from past quarters, and then reading what Atomic & JID post, its mainly to with payments/cash movements. Agree its not that transparent, but.... not unusual for BDR.
I think the big end of town will be very happy with the quarterly, the new team are showing that they are turning the entire company around. With the likes of RRL and their market cap, solid, mid tier producers command a premium to the smaller end of town. BDR should be able to sit between AUD $800-1000m easily.
I guess you could just ring SJ and ask for clarification?
Ann: September 2016 Quarterly Report-BDR.AX, page-54
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