I had a small holding in Beadall , and have a friend who was a large shareholder who got burnt as Beadal was a failed ASX company , yes there is a high grade core at Tucano , but Beadall was unable to provide sufficient tonnage to keep the mill filled from that core , and the low grade ore from satellite pits used to push up the tonnage was expensive to obtain as beadall failed to maintain its pit ramps in the high rain fall location , so trucks kept getting bogged and the rock was literally sloshing off the back of the trucks , similar to what RED had a problem with its mine in Surigao del Sur Mindinau Philippines too much rain and uneducated work force , (30 ADTs and only 7 operatable )
Personally prefer SPR stick to its knitting in the Murchison and spend its treasury getting NN and Pepper drilled out down dip and the levels put in , (that is the "growth story" rather than take their focus off that near term goal and go to Brazil .
The Canadians would know more about mining in wet environments than West Australians , maybe you should be looking at a Canadian miner ?
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