BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-7422

  1. 1,681 Posts.
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    UBS has put a sell on BDR today, reference FNArena.
    Quote:
    September quarter production almost doubled on the prior quarter but remained below UBS forecasts.
    With a lack of asset diversification and a predominately Brazilian real cost base, the broker believes a premium valuation is hard to justify. Sell rating retained. Target is 35c.

    Im long in goodies (EVN, ERM, BLK, EXU) so I've sold BDR, to spend elsewhere
    Good luck everyone
 
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Currently unlisted public company.

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