I don't know, but l would write the updates a little...

I don't know, but l would write the updates a little differently.   They should lead with an executive summary.  

Beadell Update:

• Loan provided for $5M USD from Great Panther
• Oct gold production = 15,046.  Nov gold production = 12,471 
• Dec guidance is 18,000 ounces  
• Minor plant issue associated with the oxygen plant been worked through (estimated remediation cost is $100K USD
• Forecast CY2018 production will be at the low end of guidance of 125,000 to 135,000 ounces and AISC will be at the higher end of guidance of US$1,000 to US$1,100 per ounce

I have changed my sentiment from Hold to Buy.  A stronger gold price will deliver the free cash flow to get the drill bit out early next year and it might even attract a superior offer.