BDR 0.00% 6.5¢ beadell resources limited

Ann: US$23 Million Capital Raising, page-42

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  1. 1,591 Posts.
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    From my interpretation of the past 5 quarterly reports - they did get to Monkey hill, there was no mining issues, they got all the ore out, and in the December quarter, BDR was cashflow positive, *in addition* to making an 10m investment into the new mill. Annualised across a year it was $50+m per year of cashflow. The monkey hill was mined and paid off; Now it's gone and we're back to sulphide; In March 2018 there was no more mention of Monkey hill, in my interpretation because that's history.
 
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