BDR 0.00% 6.5¢ beadell resources limited

If they don't get the 75,000 ounces then they won't reach...

  1. 675 Posts.
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    If they don't get the 75,000 ounces then they won't reach guidance. I don't understand how in the first 3 quarters of this year that they only produce 28k to 34k per quarter and expect to more than double it in the Dec quarter? The expected Dec quarter production is more than double that produced this year. I know that they will be mining Duckhead but would be a bit cautious given the history. With cash only $13 million part this this will continue to be spent in the pre-strip Duckhead.

    If they do get to guidance then costs would I expect get to perhaps $600 to $700/oz, so would expect to see some improvement in the share price. The next few months will be interesting to see if they can get it right?
 
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