Ann: December 2018 Quarterly Report, page-4

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steve3

2 Posts.

31/01/19

13:45

Post #: 37281472
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Originally posted by speculator101: ↑

I cannot even fathom how they only received US $1221 for the quarter.
Did they purposely try to sell at the lowest price!
The quarterly is a good one, grade up, sulfide increasing, moving more dirt even when they were still ramping up the new team.
Guidance increased to 145-155k for the year....
although I cannot understand why they are predicting an AISC of US $1000-1100.
Costs are down because of the new Brazilian crew, more power off the grid, higher grades.... I don't think this adds up at all.

Um... its called a turnaround, but hey, I guess the board are right.... if must be the best option to give the company away.
Is this not crazy? How can management possibly still state that Panthers offer is in any way good for BDR shareholders.

I laughed out loud when I read the bit about the $110,000 upgrade that is holding back everything until March... the timing is just amazing.
I am truly perplexed at how the major shareholders are in any way agree with the board judgement.

Anyway, I guess I will continue to hold a few and see what the outcome is.

How awkward for management that the US gold price keeps rising, makes the business, ah... yeah, more profitable!

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Good points, I to wonder why the spragers are not sorted pronto, however I did read the parts are ordered and due to arrive March?, it could be a custom made part. My whole view on GPL is that BDR just dont have the cash flow at the moment to keep pushing through until added throughput catches up.

BDR Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
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Ann: December 2018 Quarterly Report, page-4

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