BDR 0.00% 6.5¢ beadell resources limited

I have some huge problems with the four answers. 1) the REAL and...

  1. 5,504 Posts.
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    I have some huge problems with the four answers.

    1) the REAL and AUD exchanges rates over the last year have not changed much
    2) how can he 'believe' by end of year they should be cash flow positive; based on the information to date we have been given, they are cash flow positive about NOW... 54 mill loan offset by 33 mill cash 30 June offset by about 15 mill in free cash flow for first six weeks of this half year... 54 - 33 - 15 = NEGATIVE 6 MILL RIGHT NOW only as I type
    3) a TARGET.... what about reality - and recent announcements sound like a steady 4.5 throughput is what they are planning
    4) in coming years rain does not matter so much... that is good; but that is very price sensitive info.... did the wet weather announcement say that rain only hurts this year?

    Aside from my comments... all looks good and believable.
 
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