so alot of people feel BDR will miss guidance for the CY16?
Just to meet the US$815 and hit the 160,000 ounces they will need 103,358oz at an AISC of $683 for H2.
So thats 51,679 ounces for each quarter.
^^Assuming my calcs are correct. (i used the 160,000 and 815 as a worst case scenario)
According to that number I count only 5 or so guesstimates out of the 25 so far that will actually thus hit guidance.. assuming the guesstimated Q3 production is matched for Q4.
Ill go for 52,000 @ 675
Cheers!
BDR Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held