BDR beadell resources limited

Hi all, Can we have some discussion on how Brazil's Fuel and...

  1. 113 Posts.
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    Hi all,

    Can we have some discussion on how Brazil's Fuel and Truck crisis might impact on BDR's AISCs? I am unsure how a declining Brazilian Real combined with rising oil prices (as measured in US $) would impact BDR, its earnings as measured in AUD and profitability. I seem to remember that BDR now has access to 'grid' power, but heavy excavation equipment still requires diesel. How would a declining local currency affect costs associated with wages, other equipment, supplies etc?

    Thoughts on this?

    Cheers.
 
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