BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-13286

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Sydney
    Take a look at last December quarter
    42k oz produced AISC at $709
    That still managed to drop the cash position $8million

    This year POG is higher and maybe lower debt repayment.
    But I see overall cash position will be lower that last December
    That allows a $17 gain for this quarter verses an $8million drop last year.

    These guys will want to protect their salaries
    So another CR appears unavoidable.

    If lucky with higher grades and higher POG
    It could be put off 6 months
    But after that ...lower grades and wet season.


    Screenshot_20171231-075927.jpg
 
watchlist Created with Sketch. Add BDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.