BDR 0.00% 6.5¢ beadell resources limited

Ann: Toronto Listing Update, page-22

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  1. 8,355 Posts.
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    PS - On my dark side; I'm still concerned about BDR survivability and accountability. Agree 500% Less than 10% chance of BDr survival. 3 extensions for CR tells NO BODY I MEAN NOBODY IS TRUSTING THEM
    ..
    For almost 6 months BDR Inc kept telling market that stockpile of high grade ore will be processed. But when Quarterly Report came out it was total disaster.
    ..
    Which simply meant management was not honest in its dealing with shareholders. My Worst experience with another WA company was same, that management kept talking about merger, potential and high grade but eventually failed and company folded. Often plants are not worth even Penuts.
    ..
    Lots of CEOs are now a days New Plant Expert (needs zero skill, contractors do the job) not Operation Expert means they sit in glass house office, use shareholder money to handover large contract for new plant to XYZ and often fail to deliver.
    ..
 
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