Yes - first reaction the variables are just so fragile in this market atm.
Just now researching announcements - and journalist responses
Motley who have centred their article on BDR's announcement of how the currency is working in their favour AUD/USA/BRL..... the universe, supporting their take on the market release.
Seeking Alpha have been very quiet - and they were a good follower
the inconsistencies.... irrational exuberance to very poor announcements inclusive of weather - seriously and usually very late!
An honest overview on -
Expenditure on past costs, future costs, trimming as needed when needed (huge task).
What l would like to see is a company that looks like they can take advantage of their assets, survive cycle turns, sure up resources/exploration, cash, debt and manage their costs.
and Survive several years at the very least.
cheers
mb
BDR Price at posting:
24.0¢ Sentiment: None Disclosure: Held