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6.5¢ beadell resources limited

meric, what about the production downgrade in December...

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worzel1

1,300 Posts.

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07/05/18

13:50

Post #: 32930065
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Originally posted by meric ↑

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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meric, what about the production downgrade in December specifically stating mining issues, and promising(but never delivering) >2g/t gold.....

BDR Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
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