BDR 0.00% 6.5¢ beadell resources limited

Is any of this right ? Answer to your question is NO. At those...

  1. 8,355 Posts.
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    Is any of this right ? Answer to your question is NO. At those grades, Gold Mining is Highly Profitable. But fact is these guys are loosing as much as 50 Million Dollars a year, each year and reason given are Low Grades
    ..
    So some thing never added up. Either they Fudged the Grades or Gold is Missing or both.
    ..
    They were not able to pay their invoices either (to Excavators). MACA payment will be made in future in installment or in shares or both (If they survive)
    ..
    At this stage, BDR Survival chance are less than 1%
 
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Currently unlisted public company.

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