BDR 0.00% 6.5¢ beadell resources limited

Busting most of your questions profit and production forecasts...

  1. 663 Posts.
    Busting most of your questions profit and production forecasts are in the latest presentation perhaps you can inform yourself.

    BDR has at least a 10 year open pit operation with the potential to go underground after that.

    Duckhead project is seen by management to be the most profitable gold pit in the world. production from duckhead alone of the next 12 months will allow BDR to pay off existing finance arrangements. To this point duckhead has only bill drilled to a depth of 50m given the bonanza grades there is a fair chance of adding to this very high grad pit.

    BDR as all other commodity linked companies depends on commodity prices ( in BDR's case gold and iron ore) and currency or exchange rates. Who knows which way they will go but the fact that BDR is a low cost high margin producer provides holders with a degree of safety and scope.
 
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Currently unlisted public company.

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