BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-13288

  1. 1,624 Posts.
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    For the record Sydney, they paid the Santander instalment in July, not October. The next one is due January 2018.
    You need to include a few other items in your cash at end calcs which would have been incurred in the December quarter.
    Admin $5m
    Plant and power grid upgrades $12m ??
    Interest expense ??
    MACA repayment?
    Non sustaining drilling?

    If l had as much coin invested in BDR as you have, I’d be asking a few questions such as;
    What were the circumstances leading to the ‘light globe’ revelation that VAT taxes all of a sudden had to be re-classified as a non current receivable?
    What strategy have they implemented to deal with the hefty deficit in accounts receivable/payable arising from the above re-classification.
    When is the judicial deposit dispute over royalties likely to be determined/ court hearing date etc,
    How much of the A$34m budgeted for the plant upgrade actually been paid as at 31 December 2017.
    Any further expense likely to be incurred for road upgrades etc?
    How much of the grid upgrade has been paid?
    How much is still owing to MACA?

    GE
 
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