Australia's largest stock trading and investment forum Australia's #1 stock forum

BDR

Click for more information

0.00%

6.5¢ beadell resources limited

Gold price, page-6120

First 6120 Last

Share
Profile

Follow
Sutho58

625 Posts.

33

03/10/16

10:40

Post #: 19576286
Share

Originally posted by binwood ↑

Zombie I will give my opinion, at the risk of sounding like a ramp, but here it is anyway:

Last quarter we put 863kt through the mill at AISC of just over $1,200 for 23k ounces produced.

If we put 850kt through the mill at a head grade of 15g/t and a recovery of 87% that gives us 35,667 ounces.

Now we feed another 13kt of duckhead ore through (about 2/3rds which is the ratio of this quarter to next I am guessing by SJ's talks). This gives us another 12,364 ounces.

So given that approach I come up with production numbers a shade over 48,000 ounces.

Now given most of the costs aren't going to change from last quarter (wages are the same, earth movement doesn't need to change much, plant running same throughput etc etc) then I expect total costs to be similar but spread across slightly over double the production profile. We do know the Real has appreciated though and there may be other contingencies. So I will allow for a 20% overrun in costs above halving the AISC.

So overall my estimate for this quarter would be 48k ounce at AISC of $725.

Expand

so,, a profit of approx 27mil?? begs the question why they sold a third of the business for 50mil??

BDR Price at posting: 41.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 6120 Last

Add BDR (ASX) to my watchlist