BDR 0.00% 6.5¢ beadell resources limited

Ann: Trading Halt, page-60

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  1. 813 Posts.
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    @eshmun

    You don't have to be so dramatic.
    Your concerns are real and genuine but that goes with many other companies trading on ASX.
    There is always risk.......there is always danger. You are way smarter than thousand of other punters in the market. So please don't exaggerate your knowledge in a theatrical way.

    My good guess is funding will come in some form......but whatever it will be......existing shareholders will be at loss. That I am very sure about. Which means lots of low price share issue and loan at the same time.
    So existing shareholders like me will be heavily diluted.
    That's the bad side.

    In midst of all this doom & gloom......the possibility remains that the plant upgrade works out.......the company produces gold at a healthy margin......it gets up on its feet and starts running. It won't happen overnight and may take a good few years.
    Right now it is fatally wounded and shareholders are licking their wound.

    I am pissed off but haven given up. There is always hope.
 
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