BDR 0.00% 6.5¢ beadell resources limited

Ann: Trading Halt, page-93

  1. 1,624 Posts.
    lightbulb Created with Sketch. 8
    Can't see an initial drop to 27c- l don't think too much thought has gone into it at your end.
    The last CR at 19.5 would seem a reasonable guide as to what to expect and she traded at 24 just before the announcement and dropped two cents. From there it kept going.
    Wet season mining issues are supposed to have been mitigated so there is an expectation SJ can start delivering some better H1 production than 2016.
    I'd like to hear from SJ that the CR at least shores up an improved guidance outlook.
 
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