Incorrect Reporting should be Unacceptable!, page-7

Just corrected a couple of typos and sent:

Attention: Mr Simon Jackson – Managing Director

Dear Mr Jackson

As an active investor in the Australian stock market I rely heavily on the quality and accuracy of information released to the market by listed Australian companies.

The recent company presentation released to the market states that Beadell Resources Ltd increased resources in 2017 by 420,000 ounces at a cost of $10 per ounce. This is not consistent with information contained in the official resource and reserve reports released by the company.

December 2016 resources are officially stated at 3.92m ounces. June 2017 resources are officially stated at 3.73M ounces. This is a decline of 200,000 ounces.

Can you please update the market with the correct information.

Yours sincerely