Yes it is positive sign, but wait.
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Simon Jackson(CEO/MD) paid $99,990 for shares and options, he probably draw more salary from BDR account each month than $99,990
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" This is what BDR Management promised in July 2017 (please read below). Since then BDR has been gone in gutter. MD/Directors have ZERO CREDIBILITY.
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BDR Outlook (July 2017) – As grade increases with depth in the Tap AB complex, production(2018) is expected to be significantly higher in the next 12 months. Consistency in head grade and production should result following the plant upgrade scheduled for commissioning in mid-2018. The Company should see increasing free cash flow from that point which, coupled with ongoing exploration success, underpins the long term creation of value for shareholders.
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Fact is since then production/grade gone Down and Down and Down. So What They Said and What They Delivered Are Totally Opposite.
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BDR Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held