Actually you are quite right, I have done a bit research on Sprott lending practice. Indeed their borrowers often raise CR to mitigate of any future risks to their loans.
Lool at MMI (New Century Resources), Metro Mining etc
Having said that, the sp of these companies havent collapsed. Very strong support after.
BDR still had to do lot of drilling. The dry season kickoff.
The plant upgrades complete Q2.
Future outlook, they dont need so much capital for construction so they can focus on the mining activities.
It is a shame the sp is low as is.
BDR Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
