BDR 0.00% 6.5¢ beadell resources limited

Great post Beer Baron !Thanks for putting in the work and...

  1. 52 Posts.
    Great post Beer Baron !

    Thanks for putting in the work and sharing it with us all.

    Can I ask if your revenue figures including the fact that we will be selling 65000oz for the next three years at $1600 from our Gold hedge.

    Selling these ounces at $1600 rather than at $1420 adds almost $12 million extra to the coffers each year.

    If we pay back the $72 million of debt that the company said it would, by the end of the year, do you think there is a chance of head office giving us a nice dividend ? If so, what's your educated guess of the amount ?

    Even if they don't, we should be debt free within 18 months by my reckoning.

    That's pretty good going in my book.

    Thanks again...
 
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