BDR 0.00% 6.5¢ beadell resources limited

Hi all, I've re-read the Sep 16 qtr report and re-reviewed the...

  1. 445 Posts.
    Hi all,
    I've re-read the Sep 16 qtr report and re-reviewed the last three presentations.
    In anticipation of more positive Tap drill results coming up next week, and that the AISC is estimated at $930/oz at the upper end compared to a notional lowered pog at USD1,150/oz, plus nearing the end of Nov with no bad news flagged, I conclude that the risks to BDR is minimal in the short term.
    So I've placed a trading bid for 100K BDR at 31c. Let's see what the bots do tonight.
    All the best, people. Cheers. R.
    Last edited by riverred: Typo. 25/11/16
 
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