BDR 0.00% 6.5¢ beadell resources limited

The angst expressed by some here is understandable given the...

  1. 345 Posts.
    lightbulb Created with Sketch. 31
    The angst expressed by some here is understandable given the share price decline and management's failure to meet performance targets. Nothing like above ground mishaps, in particular ore movement and especially ore treatment to sink a good commercial gold project. Even with the current levels of debt all may not be lost. Either the new team they have put in place will get things right - they have financial and reputational incentives to do so - or a bigger cashed up player with proven operational ability will enter the picture and take the play over. There's a lot of gold in the open pit and sufficiently high grades to make an underground operation viable. And then there is the exploration potential. Looks like a turn around play to me given the support for the recent CR and the involvement of Sprott(?) money that should have only come after some due diligence.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.