BDR 0.00% 6.5¢ beadell resources limited

Takeover potential:, page-12

  1. 4,388 Posts.
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    The Brazilian real..how does this help BDR?

    MACA is contracted to drill, blast, load and haul. From the MACA site and yearly report MACA employees only 16 direct staff in Brazil. It manages 350 contracted indirect staff. IMO BDR would be responsible for paying these 350 contract staff. So even though BDR retrenched these employees it appears most are now contracting to BDR and managed on site by MACA. With the fall in BZL real and rise in BZL gold price you can see how this will help BDR cash flows moving forward. BDR would be paying contractors to do everything else required on site...mill, crusher, haul road upgrade repairs etc. AISC should start to fall as BZL real continues to fall...Brazil is in a recession just like Canada. Australia is lucky so far...if recession happens here you can bet that's where the world is headed..commodity driven economies are a bell weather indicator of where the world economy is going...stock markets will panic and crash...gold will rise again...
    Gold rising will drive BDR share price significantly higher...
    Move that dirt...
 
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