BDR
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0.00% 6.5¢ beadell resources limited

How low can it go, page-45

  1. JID
    3,568 Posts.
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    18/05/18
    08:54
    Post #: 33180742
    Morning Guys,

    Keep an eye on the news starting to come out of the iron ore sector - oil prices are starting to have a material impact on mining costs.

    BDR, being a large tonnage, low grade gold mine will also be seeing this impact.

    This will be more so as oil is rising in USD, whilst gold is struggling against USD - no hedge there.

    Cheers
    John
    BDR Price at posting: 6.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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