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 jumped to $ 1250 and we should see $ 1260 - S 1270 this...

First 3 Last

Share
Profile

Follow
walmak

1,532 Posts.

306

10/12/18

10:15

Post #: 36803081
Share
Originally posted by Grooveamarda ↑

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.

Expand

...gold jumped to $ 1250 and we should see $ 1260 - S 1270 this week !
BDR Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 1 more message in this thread...

First 3 Last

Add BDR (ASX) to my watchlist