BDR 0.00% 6.5¢ beadell resources limited

Valuation analysis of ASX gold miners, page-4

  1. 8,355 Posts.
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    As far as KRM is concerned, I doubt it is any better than BDR. In terms of Gold Production, KRM too small to support a plant operation. BDR is 10 times larger in production than KRM, Full analysis is below
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    KRM Margin's are USD$1283 - $USD912 = USD$371 Only, not $700 as reported in your report.

    Please have a look at their march Quarterly

    As per KRM March Quarterly Report, their AISC is USD$912/OZ with Gold Produced at 5,249 OZ only.
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    With Quarterly Production of just 5,249 OZ at a net price of AISC US$912, that is too small production to support a company. Most of the profit will be eaten up by Management & Staff Salaries alone. Company needs to have 40,000 to 50,000 OZ/Quarter to support a plant efficiently.
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    Here are abstract from their last report
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    As per their March Quarterly Report, AISC is USD$912/OZ

    " HY2018 produced 14,868oz Au at AISC of US$712/oz " However March Qutrly report AISC USD$912/OZ (Have a look at their table)
    Last edited by sircorp: 19/06/18
 
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Currently unlisted public company.

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