BDR 0.00% 6.5¢ beadell resources limited

a new post from yesterdayBEADELL RESOURCESOne of the lowest cost...

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    a new post from yesterday

    BEADELL RESOURCES

    One of the lowest cost producers in the world, Beadell operates the virtually brand new Tucano mine in Brazil, with the cash cost of production of around US$470 an ounce in the December quarter. Add in a low corporate tax rate of 15.75% in Amapa state, a very low 1% gold royalty rate, a 10 year mine life from just open pits, increasing production, and Beadell is one gold stock you might want to add to your watchlist.

    http://www.tradepreciousmetals.com/three-lowest-cost-gold-stocks-to-buy/

    I know we are a low cost producer but I'm not sure where the $470 comes from, from the last report i got the high end of $585/ounce
 
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