BDR 0.00% 6.5¢ beadell resources limited

Ann: 2017 Full Year Statutory Accounts and Appendix 4E, page-54

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  1. 1,742 Posts.
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    Unless BDR breaching any term of conditions, the deal with Sprott will likely to go ahead. Just wait until 31/3/18.
    Management would have known they are short in cash and yet didnt took the opportunity to raise at 17c in Jan?
    They must got some sort of commitment from Sprout for this deal and Sprout benefits hugely from this.
    There have other explorations going on so it cant go bust over night.
    Reduce the production costs by upgrade the plant by mid 2018 is the key milestone.
    Hot Cooper forum can be very dangerous.
 
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