Beadell Resources Limited (“Beadell”, “BDR”, “Company”) has released guidance for the next six months.

  • The Company expects gold production of 120-130koz (186-197koz for CY13) at C1 cash costs of US$435-485/oz (excluding royalties and iron ore credits).
  • Capex is expected to be US$17m and free cash flow (assuming a gold price of US$1,330/oz) is expected to be US$92m (versus net debt of ~$US95m).
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