A good piece of news for a change so it seems plain dumb for BDR to sell out now. Just as were getting decent communications/updates!
BDR need to explain:
1. with this update why the deal is still good for shareholders
2. provide a mining update prior to voting and again explaining in detail which way they want us to vote and why
3. forecast Au production for this quarter
4. forecast Au production March 2019 quarter with AISC
5. if the figures are looking much better why a deeply discounted rights issue is not the answer. No need to pay to have it underwritten as what's to lose?
Where are you NST etc?
BDR Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held