Have you considered reading the 23rd September announcement from Beadell with regards to the sale of their Iron Ore Royalties for 31.25 million USD?
Perhaps that is why the peoples and long term shareholders of BDR on HC no longer consider the impact of the iron ore deposits - or when we do, we think of 31.25 million dollars and the September sale (subject to conditions).
I believe you are correct when speculating that BDR will be a low cost producer - and for that I gave you a thumbs-up.
Still holding from 21c....go you good thing BDR ;-)
Good fortunes to all.
K
BDR Price at posting:
55.0¢ Sentiment: LT Buy Disclosure: Held