BDR 0.00% 6.5¢ beadell resources limited

Ann: June 2018 Quarterly Report, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,513 Posts.
    lightbulb Created with Sketch. 47
    As a former holder of BDR, one thing that struck me is the ongoing low grade of gold ore milled, something about 0.95 g/t in the latest quarter. The other key metric for me was the tonnes of dirt moved versus tonnesof gold ore mined ratio of about 10:1.

    I’ve kept an eye on BDR with a view to re-entering to make up previous losses on the stock.

    The metrics cited above will have to improve dramatically to make any re-entry worthwhile.

    Without this, and taking account of all the other troubles such as huge debt and plant upgrade issues, BDR looks like grinding slowly into oblivion.
 
watchlist Created with Sketch. Add BDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.