Ann: Beadell Exploration Strategy Update, page-7

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speculator101

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18/09/18

19:02

Post #: 35680268
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Originally posted by sircorp ↑

Originally posted by speculator101
Sircorp, you could be right, but... we have different management and for me, the tone is what came across as being the most different... i.e. BDR is being re-organised and the focus is on cashflow, reserves and profit. Everything else is secondary. I like how she explained that $50m has been spent on exploration!

If a cap raising is around the corner, so be it, its not like the company is not licking wounds left by... ah... others. Still, if the plant upgrade works as planned (just 2 1/2 months away), although I believe its already being partially used? then grades will improve and throughput will increase.

Been said many times I know, but then, the plant has never been processing the sulfides, or had a fully honest and upfront management..........

No ramping here, just seeing that BDR may indeed have a chance at rising from the grave.
BDR is recycling the old drilling results. Last time they did same, it followed capital raising. Desperate time people take desperate measures. Most likely another capital raising in pipeline hence big fellow will Pump & Dump before next capital raising. It is consistent with BDR history of each Capital Raising Pmp & Dump followed by Capital Raising.

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Perhaps, or... perhaps the MD is something new to BDR. Honest.

BDR Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
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Ann: Beadell Exploration Strategy Update, page-7

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