One can mine anything but you need logistic, transport and processing facilities. All those takes lots of money and time. BDR does not that sufficient logistic at current stage.
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That is what was biggest issue this year. BDR could not manage Excavation, Transport and Processing.
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BDR is trying to upgrade processing facility. THAT NEEDS CASH, LOTS OF CASH. BDR is short on cash (just 4 mill in bank)
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Capital Raising (CR) is Imminent. My estimate is around 10 Mill Cash Injection. Capital Raising is already reflected in BDR share price.
BDR Price at posting:
16.3¢ Sentiment: Hold Disclosure: Held