Sorry wrong stock - this was meant for BDR.

First 8 Last

Share
Profile

Follow
zog

1,218 Posts.

92

25/05/18

18:50

Post #: 33314983
Share

Originally posted by zog ↑

I think with a rise in BDR ASIC of 29% to US$1,161 an ounce from US$902 (March 2016) and the statement in their 2017 statutory accounts (pg 30) of:

"On the basis the Sprott Credit facility is completed as expected, the cash flow forecast also depends on the successful rolling of unsecured bank facilities of $23.0 million and continued support from our mining services contractor regarding repayment of the unsecured $9.7 million loan payable and some or all of aged past invoices of $28.2 million, to enable cash flow forecasts to be achieved. The unsecured bank facilities have a successful history of being rolled and the Directors expect this to continue. Should operations not successfully achieve operating and capital forecasts, including the continued support from the unsecured lenders and the mining contractor in respect of past invoices, the Group will require additional funding in the form of debt or equity or a combination of the two. Negotiation for additional equity and debt funding will be progressed as required and the Directors have a reasonable expectation that such additional funding can be secured."

BDR have done plenty to impact their own SP without help from others. I hear that their mining contractor (Maca) is not a happy bunny.

Expand

Sorry wrong stock - this was meant for BDR.

SLR Price at posting: 63.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 5 more messages in this thread...

First 8 Last

Add SLR (ASX) to my watchlist

Sorry wrong stock - this was meant for BDR.

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Sales growth pushes Lovisa's fortunes (and shares) upwards

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Scientific conference spotlights PYC's work on blindness disease treatment

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News