Beadell Resources Limited is pleased to advise that commissioning at Beadell’s 100% owned Tucano Gold Project in Brazil is now complete with first high grade ore being fed via the crusher into the 7MW SAG mill on 20 December 2012.
They have also borrowed another $5mil of Macquarie with repayment in gold and tucano will be cash positive in about 2weeks.
Bloody good result and a prudent borrowing. The funds can do what they want but Im not selling this one.
Good work BDR Board members and the CEO
Swimming confidently with the beach in view
BDR Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
