BDR 0.00% 6.5¢ beadell resources limited

Tucano Gold Mine, page-2

  1. 8,355 Posts.
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    A piece of vacant land vs an old house with Asbestos ? Which one you will buy ?  You know which one is more valued i.e. empty block. House with Asbestos will cost another $100,000 additional to remove Asbestos plus council permission, permits and legal drama.

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    Problem is not BDR resources, resources were there before you and I were born, problem is getting those resources out is not profitable. BDR has been operating for almost 10 years, it has not made a penny till date, rather it is consuming massive cash. ..

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    Last two years alone, 150 Million Dollars capital raising to keep BDR running and more is required. Plant Upgrade is just an Excuse

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    Let me more blunt, You will not buy a racing horse with broken leg even if given free ? Will you ?

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