BDR 0.00% 6.5¢ beadell resources limited

Ann: Termination of Mining Services Contract with MACA Limited, page-24

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  1. 8,355 Posts.
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    OLD HABITS DIES HARD, ANOTHER QUARTER AND ANOTHER EXCUSE
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    Anybody hoping for a turn around in BDR operation overnight, is simply Day Dreaming.
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    New contractor cant speed up operation overnight. They need to arrange equipment, pay 30% upfront payments etc and get the skilled people on site.
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    I will give 6 Months Minimum before any improvement or BDR will fold. Management has not changed.
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    BDR is always Pathological Searching for Excuses before each quarterly and blame some one. Just 5 days left in Quarter and another excuse tell what to come in Quarterly Report, probably another major disappointment.
 
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