BDR beadell resources limited

Ann: Tucano Exploration Update-BDR.AX, page-4

  1. 9,208 Posts.
    lightbulb Created with Sketch. 4507
    Amazing results.

    The 100g/t metres kind of skew things. If you use the calculator JID showed us all a while back and take the 100g/t sections out those 40g/t intersections provide somewhere around 3g/t for the rest of the intersection. In saying that we have crazy high gold patches and the rest of the intersection is still double our current reserve grade.

    I will be really surprised if we aren't seeing a mining plan feeding the mill 2g/t+ average within the next 6 to 12 months. That makes a huge difference to BDR. If we can produce an extra 50k ounces plus a year with no change in costs just by getting grade up that will get our AISC sub $700 (especially with mains power thrown in). It is why I will probably hold despite a currently weak POG. BDR is on it's way to being a mid tier all weather (literally and in terms of POG) miner.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.