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24/01/19
10:16
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Originally posted by cashew:
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Yes just as it is all starting to look much better, including prompt updates like this, still no white knight. Based on the last quarter we're at 170k pa ounces so they should give some cost guidance for 2019 when they release the quarterly. In fact they must, together with any other pertinent information, so we can make a fully informed decision on the takeover in February. Gold grade is up an approx massive 75% in this last quarter from the first half of the year. GPL must be licking their lips. As for the VAT rebate BDR also need to update us all on this too in the quarterly. I'm not selling even if it means taking US/Canadian stock (fortunately you can trade these with ANZ)
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The Dec quarter 2017, BDR produced 48,739 oz gold. So production is down on comparable dry season quarter. Does not look good. It appears grade is not there.