Here is more
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At one side BDR management was talking ASIC around $900 while same time in report it was giving production cost 92.2 Million while Gold Sale just 89.1 Million. Wait there is more. This production cost did not include Administration Cost of 9.5 Million
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Even after excluding Interest and Depreciation
June 2017 Half Years Report Looks Like This
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Gold Sale (Production) : Only 89.1 Million
Cost of Production : ($92.2(Production) + $9.5(Admin Cost) = $101.7 Million)
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Net Loss (Excluding Interest, Debt and Depreciation)
: $102.7 - $89.1 = $13.6 Million Loss just in Six Months
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2016 report was fudged as interest income on CR Money i.e. 7.2 Million is accounted as income.
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BDR Price at posting:
5.7¢ Sentiment: Sell Disclosure: Held